Area Intelligence

KG BARU SIMEE

3 properties
2023
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Median Price
RM 230,000
PSF: RM 53

Residential Market

Median Price

RM 175,000

IQR: RM 38
MAD: RM 19
RM 41 PSF 24.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 550,000

IQR: RM 24
MAD: RM 24
RM 390 PSF 13.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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KG BARU SIMEE, Kinta, Perak

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Transactions

3 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 550,000
LEBUH 5
1,410 sqft · RM 390.00 PSF
Oct 2023
4,100 sqft
1 units Detached
RM 120,000
LALUAN SIMEE 9
4,090 sqft · RM 29.00 PSF
Sep 2023
4,350 sqft
1 units Detached
RM 230,000
LALUAN SIMEE 11
4,349 sqft · RM 53.00 PSF
Oct 2023