GRAND SUMMIT

GRAND SUMMIT in Kinta, Perak recorded 23 subsale transactions in 2021, with a median price of RM 384K and a median price per square foot (PSF) of RM 164.

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 384K, with most transactions falling within a stable range of RM 260K to RM 508K, and a typical market range of RM 275K to RM 493K.

Most transactions involved cluster house, though some variety exists in the market.

Price per square foot shows a median of RM 164, though individual units vary from RM 130 to RM 198 in the core range. The broader market spans RM 142.25 to RM 185.75, indicating diverse property characteristics. The spread of RM 43.50 (IQR) and deviation of RM 34 (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. Moderate transaction volume may require patience when buying or selling.