TAMAN SIMPANG BAKTI

TAMAN SIMPANG BAKTI in Larut Matang, Perak recorded 4 subsale transactions in 2023, with a median price of RM 204K and a median price per square foot (PSF) of RM 138.

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 204K, with most transactions falling within a stable range of RM 187K to RM 221K, and a typical market range of RM 185K to RM 223K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 138, with most transactions between RM 125 and RM 151. The usual range is RM 124.75 to RM 150.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.50 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.