JLN KG SIMEE / JLN FAIR PARK

JLN KG SIMEE / JLN FAIR PARK in Kinta, Perak recorded 4 subsale transactions in 2023, with a median price of RM 1.32 million and a median price per square foot (PSF) of RM 674.

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 1.32 million, with most transactions falling within a stable range of RM 722K to RM 1.91 million, and a typical market range of RM 880K to RM 1.75 million.

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

Price per square foot shows a median of RM 674, though individual units vary from RM 457 to RM 890 in the core range. The broader market spans RM 508.00 to RM 839.00, indicating diverse property characteristics. A wider spread (IQR: RM 331.00) and deviation (MAD: RM 216) indicate significant PSF variations, likely due to diverse property types or conditions.

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.