Commercial Market
Median Price
RM 550,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
14 properties
Median Price
RM 510,000
+1.9% CAGR
Median PSF
RM 310.00
-6.1% CAGR
3-Storey Storey Shop
7 properties
Median Price
RM 825,000
-14.6% CAGR
Median PSF
RM 481.00
+10.0% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 14 |
RM 510,000
±10K MAD
|
+1.89% |
RM 310.00
±11 MAD
|
-6.12% | |
3-Storey Storey Shop | 7 |
RM 825,000
±85K MAD
|
-14.55% |
RM 481.00
±38 MAD
|
+10.00% |
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN JLPG 11
|
RM 500,000
|
RM 304.00
|
1,647 sqft
|
Mar 2024
|
JALAN JELAPANG 6
|
RM 600,000
|
RM 219.00
|
2,745 sqft
|
May 2024
|