TAMAN KAMUNTING PELANGI in Larut Matang, Perak recorded 42 subsale transactions in 2024, with a median price of RM 328K and a median price per square foot (PSF) of RM 205.
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 328K, with most transactions falling within a stable range of RM 260K to RM 396K, and a typical market range of RM 251K to RM 406K.
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 205, with most transactions between RM 194 and RM 216. The usual range is RM 192.50 to RM 217.50, 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. Moderate transaction volume may require patience when buying or selling.
