TAMAN SIMPANG BERSATU

Area Intelligence
2021
Median Price
RM 409,000
PSF: RM 207

Residential PSF Trends

Median Price

RM 341,500

PSF: RM 207

Commercial PSF Trends

Median Price

RM 720,000

RM 468 PSF

TAMAN SIMPANG BERSATU in Larut Matang, Perak recorded 9 subsale transactions in 2021, with a median price of RM 409K and a median price per square foot (PSF) of RM 207.

This area contains both residential and commercial properties. View 79 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 409K, with most transactions falling within a stable range of RM 289K to RM 529K, and a typical market range of RM 294K to RM 524K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 207, with core pricing between RM 186 and RM 229. Market pricing typically extends from RM 148.88 to RM 265.13, reflecting moderate variation in unit pricing. With an IQR of RM 116.25 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

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 SIMPANG BERSATU, Larut Matang, Perak

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