Commercial Market
Median Price
RM 1,245,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
4 properties
Median Price
RM 544,000
+5.4% CAGR
Median PSF
RM 362.00
+15.4% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 2,000,000
Median PSF
RM 774.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 4 |
RM 544,000
±54K MAD
|
+5.37% |
RM 362.00
±9 MAD
|
+15.44% | |
3-Storey Storey Shop | 1 |
RM 2,000,000
|
- |
RM 774.00
|
- |
RUMAH KEDAI JLN GOPENG in Kinta, Perak recorded 2 subsale transactions in 2021, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 526.
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 1.25 million, with most transactions falling within a stable range of RM 490K to RM 2.00 million, and a typical market range of RM 1.18 million to RM 1.31 million.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 526, though individual units vary from RM 278 to RM 774 in the core range. The broader market spans RM 519.00 to RM 533.00, indicating diverse property characteristics. A wider spread (IQR: RM 14.00) and deviation (MAD: RM 248) 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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
MEDAN GOPENG 3
|
RM 490,000
|
RM 278.00
|
1,765 sqft
|
Dec 2021
|
MEDAN GOPENG 1
|
RM 2,000,000
|
RM 774.00
|
2,583 sqft
|
Apr 2021
|