Residential Market
Median Price
RM 505,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
18 properties
Median Price
RM 550,000
+4.4% CAGR
Median PSF
RM 258.50
+1.7% CAGR
Double Storey Semi-D
8 properties
Median Price
RM 870,000
-10.5% CAGR
Median PSF
RM 181.00
+4.5% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 18 |
RM 550,000
±45K MAD
|
+4.40% |
RM 258.50
±19 MAD
|
+1.74% | |
Double Storey Semi-D | 8 |
RM 870,000
±20K MAD
|
-10.45% |
RM 181.00
±8 MAD
|
+4.52% |
TMN MERU DESA PARK in Kinta, Perak recorded 2 subsale transactions in 2021, with a median price of RM 505K and a median price per square foot (PSF) of RM 259.
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 505K, with most transactions falling within a stable range of RM 480K to RM 530K, and a typical market range of RM 480K to RM 530K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 259, with most transactions between RM 245 and RM 272. The usual range is RM 221.00 to RM 296.00, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 14, 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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN DESA MERU 11
|
RM 480,000
|
RM 272.00
|
1,765 sqft
|
Oct 2021
|
JLN DESA MERU 7
|
RM 530,000
|
RM 245.00
|
2,164 sqft
|
Dec 2021
|