GRAND SUMMIT

GRAND SUMMIT in Kinta, Perak recorded 10 subsale transactions in 2023, with a median price of RM 494K and a median price per square foot (PSF) of RM 188.

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 494K, with most transactions falling within a stable range of RM 435K to RM 553K, and a typical market range of RM 423K to RM 603K.

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

The median PSF stands at RM 188, with core pricing between RM 154 and RM 222. Market pricing typically extends from RM 166.25 to RM 209.75, reflecting moderate variation in unit pricing. The spread of RM 43.50 (IQR) and deviation of RM 34 (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.