MERU POINT

MERU POINT in Kinta, Perak recorded 7 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 216.

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 300K, with most transactions falling within a stable range of RM 250K to RM 350K, and a typical market range of RM 225K to RM 350K.

Most transactions involved office lot, with moderate diversity in property types available.

The median PSF stands at RM 216, with core pricing between RM 178 and RM 254. Market pricing typically extends from RM 163.25 to RM 268.75, reflecting moderate variation in unit pricing. The spread of RM 105.50 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

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.