Area Intelligence

KG BARU BUKIT MERAH

5 properties
2023
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Median Price
RM 165,000
PSF: RM 66

Residential Market

Median Price

RM 100,000

IQR: RM 32
MAD: RM 8
RM 23 PSF 16.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 207,500

IQR: RM 42
MAD: RM 18
RM 151 PSF 51.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KG BARU BUKIT MERAH in Kinta, Perak recorded 5 subsale transactions in 2023, with a median price of RM 165K and a median price per square foot (PSF) of RM 66.

This area contains both residential and commercial properties. View 14 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 165K, with most transactions falling within a stable range of RM 93K to RM 237K, and a typical market range of RM 95K to RM 235K.

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

Price per square foot shows a median of RM 66, though individual units vary from RM 4 to RM 128 in the core range. The broader market spans RM 39.00 to RM 93.00, indicating diverse property characteristics. A wider spread (IQR: RM 54.00) and deviation (MAD: RM 62) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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KG BARU BUKIT MERAH, Kinta, Perak

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Transactions

5 properties grouped by size

1,350 sqft
1 units Double Storey Shop
RM 250,000
JALAN MERAH 1/4
1,356 sqft · RM 184.00 PSF
Nov 2023
1,400 sqft
1 units Single Storey Shop
RM 165,000
JLN HJ ABD WAHAB 1/2
1,399 sqft · RM 118.00 PSF
Feb 2023
3,800 sqft
1 units Detached
RM 250,000
JALAN MERAH 1/5
3,778 sqft · RM 66.00 PSF
Jun 2023
4,050 sqft
1 units Detached
RM 80,000
JALAN MERAH 1/2 K
4,040 sqft · RM 20.00 PSF
Jan 2023
4,300 sqft
1 units Detached
RM 100,000
JALAN 1/4P
4,316 sqft · RM 23.00 PSF
Nov 2023