Area Intelligence

IPOH GROVE

2 properties
2023
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Median Price
RM 207,500
PSF: RM 135

Residential Market

Median Price

RM 207,500

IQR: RM 18
MAD: RM 10
RM 135 PSF 2.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 590,000

RM 394 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

IPOH GROVE in Kinta, Perak recorded 2 subsale transactions in 2023, with a median price of RM 208K and a median price per square foot (PSF) of RM 135.

This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 208K, with most transactions falling within a stable range of RM 200K to RM 215K, and a typical market range of RM 200K to RM 215K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 135, with most transactions between RM 130 and RM 140. The usual range is RM 124.63 to RM 145.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.75 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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IPOH GROVE, Kinta, Perak

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Transactions

2 properties grouped by size

1,550 sqft
2 units Double Storey Terraced
RM 200,000
JALAN GROVE
1,539 sqft · RM 130.00 PSF
Jan 2023
RM 215,000
REGAT GROVE
1,539 sqft · RM 140.00 PSF
Jan 2023