RKT KAMPUNG PAYA BARU in Larut Matang, Perak recorded 1 subsale transactions in 2021, with a median price of RM 139K and a median price per square foot (PSF) of RM 35.
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 139K, with most transactions falling within a stable range of RM 99K to RM 179K, and a typical market range of RM 94K to RM 184K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 35, though individual units vary from RM 23 to RM 47 in the core range. The broader market spans RM 23.75 to RM 46.25, indicating diverse property characteristics. A wider spread (IQR: RM 22.50) and deviation (MAD: RM 12) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
