TAMAN KAMUNTING PELANGI in Larut Matang, Perak recorded 19 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 212.
This area contains both residential and commercial properties. View 64 residential properties or 13 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 330K, with most transactions falling within a stable range of RM 262K to RM 398K, and a typical market range of RM 253K to RM 408K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 212, with most transactions between RM 201 and RM 223. The usual range is RM 199.50 to RM 224.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.
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.
