JLN KG SIMEE / JLN FAIR PARK

JLN KG SIMEE / JLN FAIR PARK in Kinta, Perak recorded 2 subsale transactions in 2022, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 467.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.00 million, with most transactions falling within a stable range of RM 800K to RM 1.20 million, and a typical market range of RM 800K to RM 1.20 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 467, with most transactions between RM 434 and RM 500. The usual range is RM 301.50 to RM 632.50, showing that most units are priced quite close to each other. With an IQR of RM 331.00 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.