Area Intelligence

KG BARU SIMPANG JALONG

2 properties
2023
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Median Price
RM 242,500
PSF: RM 60

Residential Market

Median Price

RM 242,500

IQR: RM 25
MAD: RM 16
RM 60 PSF 22.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 150,000

RM 83 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KG BARU SIMPANG JALONG in Kuala Kangsar, Perak recorded 2 subsale transactions in 2023, with a median price of RM 243K and a median price per square foot (PSF) of RM 60.

This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 243K, with most transactions falling within a stable range of RM 225K to RM 260K, and a typical market range of RM 225K to RM 260K.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 60, with most transactions between RM 55 and RM 64. The usual range is RM 44.13 to RM 74.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.75 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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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KG BARU SIMPANG JALONG, Kuala Kangsar, Perak

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Transactions

2 properties grouped by size

4,050 sqft
1 units Detached
RM 260,000
K/B SIMPANG JALONG
4,058 sqft · RM 64.00 PSF
Dec 2023
4,100 sqft
1 units Detached
RM 225,000
JLN JALONG
4,080 sqft · RM 55.00 PSF
Oct 2023