Area Intelligence

KG BARU SIMPANG DUA

5 properties
2023
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Median Price
RM 450,000
PSF: RM 290

Residential Market

Median Price

RM 155,000

IQR: RM 10
MAD: RM 7
RM 32 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 5 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 290.

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 450K, with most transactions falling within a stable range of RM 291K to RM 490K, and a typical market range of RM 304K to RM 490K.

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

Price per square foot shows a median of RM 290, though individual units vary from RM 154 to RM 426 in the core range. The broader market spans RM 159.38 to RM 420.63, indicating diverse property characteristics. A wider spread (IQR: RM 261.25) and deviation (MAD: RM 136) 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. 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

5 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
4,900 sqft
1 units Detached
RM 180,000
JLN KG KOH - SIMPANG 2
4,908 sqft · RM 37.00 PSF
Jun 2023
5,050 sqft
1 units Detached
RM 130,000
JLN KG KOH - SIMPANG 2
5,038 sqft · RM 26.00 PSF
Aug 2023