MEDAN SURIA (P/L 5136)

MEDAN SURIA (P/L 5136) in Kuala Kangsar, Perak recorded 3 subsale transactions in 2022, with a median price of RM 740K and a median price per square foot (PSF) of RM 477.

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 740K, with most transactions falling within a stable range of RM 738K to RM 816K, and a typical market range of RM 738K to RM 745K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 477, with core pricing between RM 406 and RM 548. Market pricing typically extends from RM 460.50 to RM 493.50, reflecting moderate variation in unit pricing. With an IQR of RM 33.00 and MAD of RM 71, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.