TAMAN SIMPANG BERSATU in Larut Matang, Perak recorded 47 subsale transactions in 2023, with a median price of RM 329K 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 329K, with most transactions falling within a stable range of RM 209K to RM 449K, and a typical market range of RM 214K to RM 444K.
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. Moderate transaction volume may require patience when buying or selling.
