Area Intelligence

KG BARU SIMPANG DUA

2 properties
2022
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Median Price
RM 225,000
PSF: RM 53

Residential Market

Median Price

RM 225,000

IQR: RM 10
MAD: RM 7
RM 53 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 2 subsale transactions in 2022, with a median price of RM 225K and a median price per square foot (PSF) of RM 53.

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 225K, with most transactions falling within a stable range of RM 130K to RM 320K, and a typical market range of RM 130K to RM 320K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 53, though individual units vary from RM 30 to RM 76 in the core range. The broader market spans RM 0.00 to RM 183.63, indicating diverse property characteristics. A wider spread (IQR: RM 261.25) and deviation (MAD: RM 23) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

2 properties grouped by size

4,200 sqft
1 units Detached
RM 320,000
JLN KG BARU SIMPANG DUA
4,220 sqft · RM 76.00 PSF
Jul 2022
4,350 sqft
1 units Detached
RM 130,000
JLN KG KOH - SIMPANG 2
4,356 sqft · RM 30.00 PSF
Aug 2022