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 320K to RM 450K, 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 139 to RM 254 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 58) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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MEDAN LARUT, Larut Matang, Perak

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