KAMPUNG PINANG / JANA SAMBUNGAN in Larut Matang, Perak recorded 3 subsale transactions in 2022, with a median price of RM 220K and a median price per square foot (PSF) of RM 38.
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 RM 220K, with most transactions falling within a stable range of RM 170K to RM 270K, and a typical market range of RM 180K to RM 260K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 38, with core pricing between RM 32 and RM 44. Market pricing typically extends from RM 32.50 to RM 43.50, reflecting moderate variation in unit pricing. The spread of RM 11.00 (IQR) and deviation of RM 6 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.