Nearby Neighbourhood
25
Properties within neighbourhood
48
Convenience Store
26
Shopping Malls
107
Supermarkets & Markets
1
Public Transport
122
Educations
117
Places of Worship
60
Medicals
62
Banks
69
Petrol Station

Crime Level

North-South Expressway, Ipoh-Lumut Highway

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Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

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Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Perak *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Neighbourhood Review

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Perak is a state located north of Peninsular Malaysia. It is the fourth largest state in the country, which the capital of the state is Ipoh. Perak borders Kedah to its North and Selangor to the South, and was known for its tin-mining activities until the price of metal dropped.

Perak is generally renowned to be a quiet and tranquil state, which now draws tourists with its tasty food which cannot be found anywhere else in Malaysia. Both local and international tourists frequent this state for its chicken rice in the Ipoh city centre and its soya bean. The popular Old Town White Coffee franchise in Malaysia also originated from Perak where the original coffeeshop still exists.

Other tourist attractions in Perak includes the Sam Poh Tong temple which is built into a cave, and the Banjaran Hotsprings Retreat which charges a bomb but is generally still always fully booked during peak seasons. The latter is located in a valley and surrounded by a forest, and was built for the purpose of restoring overall wellbeing while connecting visitors back to nature.

The Lost World of Tambun theme park which is surrounded by a 400 million year old limestone mountain also draws a fairly steady number of tourists. The other cave which is popular to explorers all year round is Gua Tempurung, while located in Batu Gajah in Ipoh is Kellie’s Castle which is purported to be haunted.

Perak is also a great place for outdoor lovers as the state offers many outdoor activities that are generally only available in wilder terrain, such as Grade 3 white water rafting, jungle trekking and waterfall abseiling.

All in all, Perak is also a popular place for retirees as the cost of living in this state is relatively lower as compared to the city of Kuala Lumpur, while still offering a complete array of modern conveniences.

Consumer Price Index

This is a representation of Perak Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.262% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 1.822% in 2013. Prices of essential goods then increasing to 2.731% in the year 2014 while surging by 1.925% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 104.3 in 2012, 106.2 in 2013, 109.1 in 2014, 111.2 in 2015.

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