Area Intelligence

KG BARU SIMEE

2 properties
2022
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Median Price
RM 335,000
PSF: RM 195

Residential Market

Median Price

RM 190,000

IQR: RM 38
MAD: RM 19
RM 46 PSF 24.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 480,000

IQR: RM 24
MAD: RM 24
RM 343 PSF 13.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KG BARU SIMEE in Kinta, Perak recorded 2 subsale transactions in 2022, with a median price of RM 335K and a median price per square foot (PSF) of RM 195.

This area contains both residential and commercial properties. View 9 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 335K, with most transactions falling within a stable range of RM 190K to RM 480K, and a typical market range of RM 220K to RM 450K.

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

Price per square foot shows a median of RM 195, though individual units vary from RM 46 to RM 343 in the core range. The broader market spans RM 165.25 to RM 223.75, indicating diverse property characteristics. A wider spread (IQR: RM 58.50) and deviation (MAD: RM 149) 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 SIMEE, Kinta, Perak

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Transactions

2 properties grouped by size

1,400 sqft
1 units Single Storey Shop
RM 480,000
LEBUH 3
1,399 sqft · RM 343.00 PSF
Aug 2022
4,150 sqft
1 units Detached
RM 190,000
JALAN DATO HAJI MEGAT KHAS
4,144 sqft · RM 46.00 PSF
Apr 2022