RESIDEN PERDANA (VICTORIA COTTAGE)

RESIDEN PERDANA (VICTORIA COTTAGE) in Manjung, Perak recorded 6 subsale transactions in 2023, with a median price of RM 453K and a median price per square foot (PSF) of RM 223.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 453K, with most transactions falling within a stable range of RM 309K to RM 596K, and a typical market range of RM 306K to RM 599K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 223, with core pricing between RM 180 and RM 266. Market pricing typically extends from RM 172.00 to RM 274.00, reflecting moderate variation in unit pricing. The spread of RM 102.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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.