Tropicana Palm Residence

Perak, Hulu Perak, Gerik

Property Transactions

2 subsales found

Median
RM242,500
PSF
RM196
Price Size
Period
transactions middle 50% (P25–P75)
RM240,000
Jalan Raflesia 1
1,238 sqft RM194 PSF
RM245,000
Jalan Lenggong - Grik
1,238 sqft RM198 PSF
Legend Recent Highest Price Highest PSF

Selling in Tropicana Palm Residence? Homes here sold for a median of RM242,500.

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Market Snapshot

Commercial

RM242,500

RM196 psf

Median transaction price

Tropicana Palm Residence in Hulu Perak, Perak recorded 2 subsale transactions in 2023, with a median price of RM243K and a median price per square foot (PSF) of RM196.

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 RM243K, with most transactions falling within a stable range of RM240K to RM245K, and a typical market range of RM240K to RM245K.

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

For price per square foot, the median is RM196, with most transactions between RM194 and RM198. The usual range is RM185.65 to RM206.15, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.50 and an average deviation (MAD) of RM2 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.