| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pelangi 5
|
RM99,000
|
RM83
|
1,195 sqft
|
|
|
Jalan Pelangi 6D
|
RM297,000
|
RM106
|
2,799 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM270,000
RM83 psfMedian transaction price
TAMAN PELANGI LANGKAP, Taman Pelangi, Changkat Jong, 36700, Hilir Perak, Perak, Malaysia
Taman Pelangi Langkap in Hilir Perak, Perak recorded 3 subsale transactions in 2023, with a median price of RM270K and a median price per square foot (PSF) of RM83.
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 RM270K, with most transactions falling within a stable range of RM182K to RM297K, and a typical market range of RM201K to RM297K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM83, with core pricing between RM70 and RM96. Market pricing typically extends from RM70.36 to RM95.36, reflecting moderate variation in unit pricing. The spread of RM25.00 (IQR) and deviation of RM13 (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.