Area Intelligence

KG BARU SIMEE

5 properties
2024
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Median Price
RM 260,000
PSF: RM 71

Residential Market

Median Price

RM 260,000

IQR: RM 38
MAD: RM 19
RM 71 PSF 24.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 515,000

IQR: RM 24
MAD: RM 24
RM 367 PSF 13.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KG BARU SIMEE in Kinta, Perak recorded 5 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 71.

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 260K, with most transactions falling within a stable range of RM 142K to RM 378K, and a typical market range of RM 145K to RM 375K.

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

Price per square foot shows a median of RM 71, though individual units vary from RM 42 to RM 100 in the core range. The broader market spans RM 41.75 to RM 100.25, indicating diverse property characteristics. A wider spread (IQR: RM 58.50) and deviation (MAD: RM 29) 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

5 properties grouped by size

3,650 sqft
1 units Detached
RM 260,000
LALUAN SIMEE 3
3,660 sqft · RM 71.00 PSF
Jun 2024
4,050 sqft
2 units Detached
RM 310,000
JLN TAMAN STAR
4,036 sqft · RM 77.00 PSF
Jun 2024
RM 210,000
LEBUH DUA
4,036 sqft · RM 52.00 PSF
May 2024
4,100 sqft
1 units Detached
RM 490,000
JLN TMN STAR
4,101 sqft · RM 119.00 PSF
May 2024
4,250 sqft
1 units Detached
RM 140,000
LALUAN SIMEE 5
4,241 sqft · RM 33.00 PSF
Jan 2024