Kampung Baru Chendrong

Tanjung Tualang, Kinta, Perak, Malaysia

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Market Snapshot

Residential

RM80,000

RM20 psf

Median transaction price

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KAMPUNG BARU CHENDRONG, Tanjung Tualang, Kinta, Perak, Malaysia

Kampung Baru Chendrong in Kinta, Perak recorded 0 subsale transactions in 2021, with a median price of RM80K and a median price per square foot (PSF) of RM20.

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 RM80K, with most transactions falling within a stable range of RM60K to RM100K, and a typical market range of RM65K to RM95K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM20, though individual units vary from RM15 to RM25 in the core range. The broader market spans RM16.00 to RM24.00, indicating diverse property characteristics. A wider spread (IQR: RM8.00) and deviation (MAD: RM5) 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.