TMN BUNGA RAYA, OFF JLN PASIR PUTEH

TMN BUNGA RAYA, OFF JLN PASIR PUTEH in Kinta, Perak recorded 2 subsale transactions in 2021, with a median price of RM 265K and a median price per square foot (PSF) of RM 77.

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 230K to RM 300K, and a typical market range of RM 230K to RM 300K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 77, with most transactions between RM 73 and RM 81. The usual range is RM 50.00 to RM 104.00, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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.