ARA PAYUNG

ARA PAYUNG in Kinta, Perak recorded 19 subsale transactions in 2023, with a median price of RM 208K and a median price per square foot (PSF) of RM 134.

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

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 199K to RM 248K, and a typical market range of RM 201K to RM 215K.

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

The median PSF stands at RM 134, with core pricing between RM 120 and RM 148. Market pricing typically extends from RM 129.75 to RM 138.25, reflecting moderate variation in unit pricing. With an IQR of RM 8.50 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.