Area Intelligence

JLN KG SIMEE / JLN FAIR PARK

3 properties
2024
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Median Price
RM 1,680,000
PSF: RM 709

Commercial Market

Median Price

RM 1,680,000

IQR: RM 331
MAD: RM 159
RM 709 PSF 23.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JLN KG SIMEE / JLN FAIR PARK in Kinta, Perak recorded 3 subsale transactions in 2024, with a median price of RM 1.68 million and a median price per square foot (PSF) of RM 709.

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 1.68 million, with most transactions falling within a stable range of RM 1.32 million to RM 1.80 million, and a typical market range of RM 1.25 million to RM 1.80 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 709, though individual units vary from RM 560 to RM 858 in the core range. The broader market spans RM 543.50 to RM 874.50, indicating diverse property characteristics. The spread of RM 331.00 (IQR) and deviation of RM 149 (MAD) suggest moderate price variations reflecting different property features.

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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JLN KG SIMEE / JLN FAIR PARK, Kinta, Perak

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Transactions

3 properties grouped by size

2,200 sqft
1 units 3-Storey Storey Shop
RM 1,680,000
1 SIGNATURE @ JALAN FAIR PARK
2,196 sqft · RM 765.00 PSF
Jun 2024
2,300 sqft
1 units 3-Storey Storey Shop
RM 980,000
JLN KAMARUDDIN ISA
2,309 sqft · RM 424.00 PSF
Mar 2024
2,550 sqft
1 units Double Storey Shop
RM 1,800,000
IPOH
2,540 sqft · RM 709.00 PSF
Aug 2024