Terrace House
Postcode 31350, Perak
RM595,766
RM572,288 — RM619,243
- Nearby sales
- 36 sales
- Built-up
- 2,050 sqft
- Per sqft
- RM291
- Issued
- 22 Aug 2026
Perak · Leasehold · Printed 22 August 2026
How this was worked out
This is an estimate from 36 recorded sales of similar properties nearby, published by NAPIC. It is not a formal valuation and no one has inspected the property. Its condition, renovation, floor level and view are not in the figure. For a bank loan or any legal purpose, you need a licensed valuer.
- Market Sentiment −RM2k Market showing caution
Sales it was compared against
Sizes differ between these properties, so the estimate works from psf rather than price.
| Date | Location | Type | Price | Size | Psf |
|---|---|---|---|---|---|
| Jan 2026 | Bandar Baru Lapangan, Kinta | 2 - 2 1/2 Storey Terraced | RM768,000 | 2,067 sq ft | RM372 |
| Oct 2025 | Bandar Cyber Ipoh, Kinta | 2 - 2 1/2 Storey Terraced | RM460,000 | 1,959 sq ft | RM235 |
| Oct 2025 | Bandar Cyber Ipoh, Kinta | 2 - 2 1/2 Storey Terraced | RM518,000 | 1,959 sq ft | RM264 |
| May 2025 | Bandar Baru Lapangan, Kinta | 2 - 2 1/2 Storey Terraced | RM830,000 | 2,067 sq ft | RM402 |
| Apr 2025 | Bandar Baru Lapangan, Kinta | 2 - 2 1/2 Storey Terraced | RM578,000 | 2,067 sq ft | RM280 |
The 5 closest of 36 sales used. Open the page for the rest.
Terrace House Valuation in Postcode 31350
Free estimated market value for a Terrace House (2,050 sqft) based on real recent transactions nearby.
Terrace House
Postcode 31350, Perak
RM595,766
RM572,288 — RM619,243
Nearby sales
36 sales
Built-up
2,050 sqft
Per sqft
RM291
Issued
21 Aug 2026
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Will a bank value this at RM595,766?
This estimate is derived from the transacted prices of comparable Terrace House properties in Postcode 31350. When a housing loan is applied for, the bank appoints a registered valuer from its own panel, and it is that valuer's figure — known as the bank value, or nilai bank — against which financing is computed. Panel valuers assess the same evidence on a conservative basis, and the bank value commonly comes in below the asking price.
Financing is extended against the lower of the bank value and the price stated in the sale and purchase agreement (SPA). Where the valuation falls short, the difference — the differential sum — is payable in cash by the purchaser.
Try your own price
Margin of financing is typically up to 90% for a first or second housing loan, and is generally capped at 70% from the third outstanding housing loan onwards.
- Indicative financing
- RM536,189
- Cash required
- RM59,577
The agreed price exceeds this estimate by . Should the bank's valuer arrive at a figure nearer the estimate than the price, that difference is payable in cash over and above the deposit. Banks may also revise or withdraw a financing offer where the shortfall is substantial.
This is a data-derived estimate based on recorded transactions and does not constitute a bank valuation. Only a valuer appointed by the financing bank can produce that figure, and the purchaser has no say in the appointment. How bank value and market value differ.
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What pushed the price up or down
Nearby sales we looked at
| Location | Type | Price | Size | Sold |
|---|---|---|---|---|
| BANDAR BARU LAPANGAN, Kinta | 2 - 2 1/2 Storey Terraced | RM768k | 2,067 sqft | Jan 2026 |
| BANDAR CYBER IPOH, Kinta | 2 - 2 1/2 Storey Terraced | RM460k | 1,959 sqft | Oct 2025 |
| BANDAR CYBER IPOH, Kinta | 2 - 2 1/2 Storey Terraced | RM518k | 1,959 sqft | Oct 2025 |
| BANDAR BARU LAPANGAN, Kinta | 2 - 2 1/2 Storey Terraced | RM830k | 2,067 sqft | May 2025 |
| BANDAR BARU LAPANGAN, Kinta | 2 - 2 1/2 Storey Terraced | RM578k | 2,067 sqft | Apr 2025 |
It depends on how many similar homes have sold nearby. Our confidence rating tells you how much to trust the estimate — high confidence means lots of recent, consistent sales to compare against.
This tool is great for a quick estimate. For anything serious (selling, refinancing, legal), you should still get a professional valuer.
We use transaction records from JPPH (Jabatan Penilaian dan Perkhidmatan Harta), Malaysia’s official property valuation authority. Every stamped property transfer gets recorded there.
Our database has 500,023+ real sales and updates quarterly when JPPH publishes new data.
The median price you see on area pages is a simple middle value across all sales in that area — all types and sizes lumped together. It tells you what a typical sale looks like.
This estimate is personalised to your home: we filter by your property type, adjust for your size and floor, and correct for tenure. That’s why it’s usually more accurate for your home specifically.
Want the full method? Read how to check a property’s market value and where our transaction data comes from.
Data from JPPH (Jabatan Penilaian dan Perkhidmatan Harta). This estimate is for information only — not a substitute for a professional valuation.