Area Intelligence

TMN MERU DESA PARK

8 properties
2023
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Median Price
RM 692,500
PSF: RM 215

Residential Market

Median Price

RM 692,500

IQR: RM 75
MAD: RM 38
RM 215 PSF 9.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERU DESA PARK in Kinta, Perak recorded 8 subsale transactions in 2023, with a median price of RM 693K and a median price per square foot (PSF) of RM 215.

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 693K, with most transactions falling within a stable range of RM 497K to RM 888K, and a typical market range of RM 541K to RM 844K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 215, with core pricing between RM 181 and RM 248. Market pricing typically extends from RM 177.00 to RM 252.00, reflecting moderate variation in unit pricing. The spread of RM 75.00 (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.

Area Location

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TMN MERU DESA PARK, Kinta, Perak

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Transactions

8 properties grouped by size

2,150 sqft
4 units Double Storey Terraced
RM 580,000
JALAN DESA MERU 7
2,164 sqft · RM 268.00 PSF
Jul 2023
RM 498,000
JALAN DESA MERU 12
2,164 sqft · RM 230.00 PSF
Jun 2023
RM 520,000
JALAN DESA MERU 2
2,164 sqft · RM 240.00 PSF
Mar 2023
RM 490,000
JALAN DESA MERU 12
2,164 sqft · RM 226.00 PSF
Feb 2023
4,500 sqft
3 units Double Storey Semi-D
RM 915,000
JALAN DESA MERU 10
4,499 sqft · RM 203.00 PSF
Dec 2023
RM 825,000
-JLN DESA MERU 8
4,499 sqft · RM 183.00 PSF
Oct 2023
RM 805,000
JALAN DESA MERU 1
4,499 sqft · RM 179.00 PSF
May 2023
6,350 sqft
1 units Double Storey Semi-D
RM 1,020,000
JLN DESA MERU 8
6,372 sqft · RM 160.00 PSF
May 2023