TAMAN PERTAMA I

Area Intelligence
2023
Median Price
RM 350,000
PSF: RM 293

Residential PSF Trends

Median Price

RM 325,000

PSF: RM 272

Commercial PSF Trends

Median Price

RM 469,000

RM 305 PSF

TAMAN PERTAMA I in Larut Matang, Perak recorded 3 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 293.

This area contains both residential and commercial properties. View 8 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 265K to RM 435K, and a typical market range of RM 275K to RM 425K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 293, with most transactions between RM 272 and RM 314. The usual range is RM 272.00 to RM 314.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 21 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.

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TAMAN PERTAMA I, Larut Matang, Perak

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