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 300K to RM 470K, 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.

For price per square foot, the median is RM 196, with most transactions between RM 187 and RM 205. The usual range is RM 142.88 to RM 249.13, showing that most units are priced quite close to each other. With an IQR of RM 106.25 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.

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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Transactions

2 transactions grouped by size

1,600 sqft
Double Storey Terraced
RM 300,000
JALAN MEDAN TAIPING 7
1,604 sqft · RM 187 PSF
2,300 sqft
Double Storey Terraced
RM 470,000
JALAN MEDAN TAIPING 3
2,293 sqft · RM 205 PSF

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