TMN SRI PERAK (P/L 2841,2842,2844)

TMN SRI PERAK (P/L 2841,2842,2844) in Manjung, Perak recorded 6 subsale transactions in 2023, with a median price of RM 308K and a median price per square foot (PSF) of RM 117.

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 308K, with most transactions falling within a stable range of RM 225K to RM 391K, and a typical market range of RM 210K to RM 392K.

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

The median PSF stands at RM 117, with core pricing between RM 95 and RM 138. Market pricing typically extends from RM 94.50 to RM 138.50, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 22 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.