TAMAN SIMPANG BERSATU in Larut Matang, Perak recorded 17 subsale transactions in 2022, with a median price of RM 274K 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 274K, with most transactions falling within a stable range of RM 154K to RM 394K, and a typical market range of RM 159K to RM 389K.
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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
