PEKAN RAZAKI

PEKAN RAZAKI in Kinta, Perak recorded 15 subsale transactions in 2024, with a median price of RM 265K and a median price per square foot (PSF) of RM 159.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 265K, with most transactions falling within a stable range of RM 220K to RM 349K, and a typical market range of RM 225K to RM 305K.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM 159, though individual units vary from RM 125 to RM 193 in the core range. The broader market spans RM 125.50 to RM 192.50, indicating diverse property characteristics. The spread of RM 67.00 (IQR) and deviation of RM 34 (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.