Area Intelligence

ELEMEN @ 18, PENGKALAN

4 properties
2021
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Median Price
RM 180,000
PSF: RM 120

Residential Market

Median Price

RM 180,000

IQR: RM 41
MAD: RM 10
RM 120 PSF 11.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ELEMEN @ 18, PENGKALAN in Kinta, Perak recorded 4 subsale transactions in 2021, with a median price of RM 180K and a median price per square foot (PSF) of RM 120.

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 180K, with most transactions falling within a stable range of RM 180K to RM 215K, and a typical market range of RM 180K to RM 260K.

Most transactions involved cluster house, with moderate diversity in property types available.

For price per square foot, the median is RM 120, with most transactions between RM 118 and RM 122. The usual range is RM 99.50 to RM 140.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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.

Area Location

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ELEMEN @ 18, PENGKALAN, Kinta, Perak

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Transactions

4 properties grouped by size

1,450 sqft
1 units Single Storey Terraced
RM 180,000
ELEMENT 18
1,464 sqft · RM 123.00 PSF
Dec 2021
1,500 sqft
2 units
RM 180,000
Single Storey Terraced ELEMENT 18
1,496 sqft · RM 120.00 PSF
Dec 2021
RM 180,000
Cluster House ELEMENT 18
1,496 sqft · RM 120.00 PSF
Dec 2021
2,250 sqft
1 units Cluster House
RM 260,000
ELEMENT 18
2,250 sqft · RM 116.00 PSF
Dec 2021