Area Intelligence

KG BARU SIMPANG DUA

3 properties
Double Storey Shop
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Median Price
RM 490,000
PSF: RM 316

Residential Market

Median Price

RM 180,000

IQR: RM 10
MAD: RM 7
RM 37 PSF 13.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 490,000

IQR: RM 13
RM 316 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KG BARU SIMPANG DUA in Manjung, Perak recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 490K and a median price per square foot (PSF) of RM 316.

This area contains both residential and commercial properties. View 5 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 490K, with most transactions falling within a stable range of RM 471K to RM 490K, and a typical market range of RM 450K to RM 490K.

Within the Double Storey Shop category, detached dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 316, with most transactions between RM 304 and RM 328. The usual range is RM 185.38 to RM 446.63, showing that most units are priced quite close to each other. With an IQR of RM 261.25 and MAD of RM 12, 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.

Area Location

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KG BARU SIMPANG DUA, Manjung, Perak

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Transactions

3 properties grouped by size

1,550 sqft
3 units Double Storey Shop
RM 490,000
JLN BESAR SIMPANG DUA
1,550 sqft · RM 316.00 PSF
Jan 2023
RM 450,000
KB SIMPANG 2
1,550 sqft · RM 290.00 PSF
Jan 2023
RM 490,000
KB SIMPANG 2
1,550 sqft · RM 316.00 PSF
Jan 2023