TAMAN PERTAMA III

Area Intelligence
2023
Median Price
RM 450,000
PSF: RM 163

Residential PSF Trends

Median Price

RM 450,000

PSF: RM 163

TAMAN PERTAMA III in Larut Matang, Perak recorded 2 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 163.

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 450K, with most transactions falling within a stable range of RM 200K to RM 700K, and a typical market range of RM 230K to RM 670K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 163, though individual units vary from RM 130 to RM 195 in the core range. The broader market spans RM 149.50 to RM 175.50, indicating diverse property characteristics. The spread of RM 26.00 (IQR) and deviation of RM 33 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERTAMA III, Larut Matang, Perak

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Transactions

2 transactions grouped by size

1,550 sqft
Single Storey Terraced
RM 200,000
JALAN TAMAN PERTAMA 14
1,539 sqft · RM 130 PSF
3,600 sqft
Double Storey Semi-D
RM 700,000
JALAN TAMAN PERTAMA 16
3,595 sqft · RM 195 PSF

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