JELAPANG SQUARE

JELAPANG SQUARE in Kinta, Perak recorded 5 subsale transactions in 2021, with a median price of RM 520K and a median price per square foot (PSF) of RM 338.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 520K, with most transactions falling within a stable range of RM 506K to RM 832K, and a typical market range of RM 506K to RM 670K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 338, with core pricing between RM 276 and RM 400. Market pricing typically extends from RM 262.50 to RM 413.50, reflecting moderate variation in unit pricing. The spread of RM 151.00 (IQR) and deviation of RM 62 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.