Area Intelligence

JELAPANG SQUARE

2 properties
2024
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Median Price
RM 550,000
PSF: RM 262

Commercial Market

Median Price

RM 550,000

IQR: RM 151
MAD: RM 27
RM 262 PSF 8.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JELAPANG SQUARE in Kinta, Perak recorded 2 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 262.

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 550K, with most transactions falling within a stable range of RM 500K to RM 600K, and a typical market range of RM 500K to RM 600K.

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

The median PSF stands at RM 262, with core pricing between RM 219 and RM 304. Market pricing typically extends from RM 186.00 to RM 337.00, reflecting moderate variation in unit pricing. The spread of RM 151.00 (IQR) and deviation of RM 43 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JELAPANG SQUARE, Kinta, Perak

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Transactions

2 properties grouped by size

1,650 sqft
1 units Double Storey Shop
RM 500,000
JALAN JLPG 11
1,647 sqft · RM 304.00 PSF
Mar 2024
2,750 sqft
1 units Double Storey Shop
RM 600,000
JALAN JELAPANG 6
2,745 sqft · RM 219.00 PSF
May 2024