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Selling in Pekan Sungai Siput? Homes here sold for a median of RM525,000.
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Pekan Sungai Siput in Kuala Kangsar, Perak recorded 0 subsale transactions in 2024, with a median price of RM525K and a median price per square foot (PSF) of RM346.
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 RM525K, with most transactions falling within a stable range of RM385K to RM665K, and a typical market range of RM371K to RM679K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM346, though individual units vary from RM199 to RM493 in the core range. The broader market spans RM211.88 to RM480.13, indicating diverse property characteristics. A wider spread (IQR: RM268.25) and deviation (MAD: RM147) 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.