TAMAN LELA II in Larut Matang, Perak recorded 3 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 157.
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 200K, with most transactions falling within a stable range of RM 170K to RM 230K, and a typical market range of RM 173K to RM 228K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 157, with core pricing between RM 136 and RM 178. Market pricing typically extends from RM 138.50 to RM 175.50, reflecting moderate variation in unit pricing. With an IQR of RM 37.00 and MAD of RM 21, 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.
