| LIST.MY · Medan Meru Bistari | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Jalan Meru Bestari A3
|
RM700,000
|
RM220
|
3,186 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Meru Bestari A2
|
RM850,000
|
RM268
|
3,175 sqft
|
|
2-Sty Shop |
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Medan Meru Bistari
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM775,000
RM244 psfMedian transaction price
Medan Meru Bistari in Kinta, Perak recorded 2 subsale transactions between 2021 and 2026, sized between 3,175 and 3,224 sqft, with a median price of RM775K and a median price per square foot (PSF) of RM244.
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 RM775K, with most transactions falling within a stable range of RM700K to RM850K, and a typical market range of RM700K to RM850K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM244, with most transactions between RM220 and RM268. The usual range is RM87.57 to RM399.82, showing that most units are priced quite close to each other. With an IQR of RM312.25 and MAD of RM24, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.