TAMAN LELA II in Larut Matang, Perak recorded 4 subsale transactions in 2022, with a median price of RM 160K and a median price per square foot (PSF) of RM 124.
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 160K, with most transactions falling within a stable range of RM 130K to RM 190K, and a typical market range of RM 133K to RM 188K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 124, with core pricing between RM 103 and RM 145. Market pricing typically extends from RM 105.00 to RM 142.00, reflecting moderate variation in unit pricing. The spread of RM 37.00 (IQR) and deviation of RM 21 (MAD) suggest moderate price variations reflecting different property features.
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.
