Residential Market
Median Price
RM 175,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 550,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Detached
9 properties
Median Price
RM 182,500
-14.2% CAGR
Median PSF
RM 43.50
-13.3% CAGR
Single Storey Shop
1 properties
Median Price
RM 480,000
Median PSF
RM 343.00
Double Storey Shop
1 properties
Median Price
RM 550,000
Median PSF
RM 390.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Detached | 9 |
RM 182,500
±35K MAD
|
-14.20% |
RM 43.50
±8 MAD
|
-13.28% | |
Single Storey Shop | 1 |
RM 480,000
|
- |
RM 343.00
|
- | |
Double Storey Shop | 1 |
RM 550,000
|
- |
RM 390.00
|
- |
KG BARU SIMEE in Kinta, Perak recorded 3 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 53.
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 230K, with most transactions falling within a stable range of RM 120K to RM 412K, and a typical market range of RM 120K to RM 345K.
Most transactions involved detached, though some variety exists in the market.
Price per square foot shows a median of RM 53, though individual units vary from RM 0 to RM 218 in the core range. The broader market spans RM 23.75 to RM 82.25, indicating diverse property characteristics. A wider spread (IQR: RM 58.50) and deviation (MAD: RM 165) 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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LEBUH 5
|
RM 550,000
|
RM 390.00
|
1,410 sqft
|
Oct 2023
|
LALUAN SIMEE 9
|
RM 120,000
|
RM 29.00
|
4,090 sqft
|
Sep 2023
|
LALUAN SIMEE 11
|
RM 230,000
|
RM 53.00
|
4,349 sqft
|
Oct 2023
|