Area Intelligence

MEDAN MERU BISTARI

6 properties
Double Storey Shop
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Median Price
RM 822,500
PSF: RM 537

Commercial Market

Median Price

RM 822,500

IQR: RM 178
MAD: RM 88
RM 537 PSF 20.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MEDAN MERU BISTARI in Kinta, Perak recorded 6 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 823K and a median price per square foot (PSF) of RM 537.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 823K, with most transactions falling within a stable range of RM 683K to RM 962K, and a typical market range of RM 670K to RM 1.10 million.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 537, though individual units vary from RM 371 to RM 703 in the core range. The broader market spans RM 448.00 to RM 626.00, indicating diverse property characteristics. A wider spread (IQR: RM 178.00) and deviation (MAD: RM 166) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MEDAN MERU BISTARI, Kinta, Perak

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Transactions

6 properties grouped by size

1,400 sqft
3 units Double Storey Shop
RM 795,000
JALAN MERU BESTARI B2
1,399 sqft · RM 568.00 PSF
Aug 2024
RM 1,100,000
JALAN MERU BESTARI B2
1,399 sqft · RM 786.00 PSF
Jun 2023
RM 850,000
JALAN MERU BESTARI B2
1,399 sqft · RM 607.00 PSF
Mar 2023
1,700 sqft
1 units Double Storey Shop
RM 850,000
JALAN MERU BESTARI A2
1,679 sqft · RM 506.00 PSF
Sep 2022
1,950 sqft
1 units Double Storey Shop
RM 700,000
JLN MERU BESTARI A3
1,950 sqft · RM 359.00 PSF
Mar 2023
2,400 sqft
1 units Double Storey Shop
RM 670,000
JALAN MERU BISTARI B8
2,420 sqft · RM 277.00 PSF
Aug 2023