ARENA TASEK PUTRA / TASEK NOVA

ARENA TASEK PUTRA / TASEK NOVA in Kinta, Perak recorded 8 subsale transactions in 2023, with a median price of RM 669K and a median price per square foot (PSF) of RM 223.

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 669K, with most transactions falling within a stable range of RM 462K to RM 876K, and a typical market range of RM 501K to RM 837K.

Most transactions involved cluster house, with high diversity across multiple property types.

Price per square foot shows a median of RM 223, though individual units vary from RM 167 to RM 279 in the core range. The broader market spans RM 192.00 to RM 254.00, indicating diverse property characteristics. A wider spread (IQR: RM 62.00) and deviation (MAD: RM 56) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.