GRAND SUMMIT

GRAND SUMMIT in Kinta, Perak recorded 14 subsale transactions in 2022, with a median price of RM 534K and a median price per square foot (PSF) of RM 197.

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 534K, with most transactions falling within a stable range of RM 415K to RM 599K, and a typical market range of RM 425K to RM 599K.

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

The median PSF stands at RM 197, with core pricing between RM 167 and RM 227. Market pricing typically extends from RM 175.25 to RM 218.75, reflecting moderate variation in unit pricing. The spread of RM 43.50 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.