Area Intelligence

MANJUNG BUSINESS CENTER

2 properties
2022
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Median Price
RM 634,000
PSF: RM 439

Commercial Market

Median Price

RM 634,000

IQR: RM 131
MAD: RM 31
RM 439 PSF 8.0%

PSF Trends (2021-2025)

MANJUNG BUSINESS CENTER in Manjung, Perak recorded 2 subsale transactions in 2022, with a median price of RM 634K and a median price per square foot (PSF) of RM 439.

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 634K, with most transactions falling within a stable range of RM 618K to RM 650K, and a typical market range of RM 618K to RM 650K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 439, with most transactions between RM 413 and RM 465. The usual range is RM 373.63 to RM 504.38, showing that most units are priced quite close to each other. With an IQR of RM 130.75 and MAD of RM 26, 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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MANJUNG BUSINESS CENTER, Manjung, Perak

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Transactions

2 properties grouped by size

1,400 sqft
1 units 3-Storey Storey Shop
RM 650,000
PERSIARAN PM 2/4
1,399 sqft · RM 465.00 PSF
Jan 2022
1,500 sqft
1 units 3-Storey Storey Shop
RM 618,000
PERSIARAN PM 2/4
1,496 sqft · RM 413.00 PSF
Nov 2022