MEDAN LARUT

Area Intelligence
2023
Median Price
RM 385,000
PSF: RM 196

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 187

Commercial PSF Trends

Median Price

RM 600,000

RM 502 PSF

MEDAN LARUT in Larut Matang, Perak recorded 4 subsale transactions in 2023, with a median price of RM 385K and a median price per square foot (PSF) of RM 196.

This area contains both residential and commercial properties. View 8 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 385K, with most transactions falling within a stable range of RM 275K to RM 517K, and a typical market range of RM 325K to RM 445K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 196, though individual units vary from RM 59 to RM 333 in the core range. The broader market spans RM 142.88 to RM 249.13, indicating diverse property characteristics. A wider spread (IQR: RM 106.25) and deviation (MAD: RM 137) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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MEDAN LARUT, Larut Matang, Perak

OSM

Track location

Transactions

4 transactions found

RM 275,000
JALAN MEDAN TAIPING 7
1,615 sqft RM 170.00 PSF
RM 300,000
JALAN MEDAN TAIPING 7
1,604 sqft RM 187.00 PSF
RM 470,000
JALAN MEDAN TAIPING 3
2,293 sqft RM 205.00 PSF
RM 600,000
JALAN MEDAN TAIPING 5
1,195 sqft RM 502.00 PSF

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