TAMAN SIMPANG MAKMUR II

TAMAN SIMPANG MAKMUR II in Larut Matang, Perak recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 235K and a median price per square foot (PSF) of RM 147.

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 235K, with most transactions falling within a stable range of RM 190K to RM 280K, and a typical market range of RM 188K to RM 283K.

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

The median PSF stands at RM 147, with core pricing between RM 127 and RM 166. Market pricing typically extends from RM 128.00 to RM 165.00, reflecting moderate variation in unit pricing. With an IQR of RM 37.00 and MAD of RM 20, 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.