TAMAN SIMPANG MAKMUR II

TAMAN SIMPANG MAKMUR II in Larut Matang, Perak recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 210K and a median price per square foot (PSF) of RM 131.

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 210K, with most transactions falling within a stable range of RM 180K to RM 257K, and a typical market range of RM 180K to RM 258K.

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

Price per square foot shows a median of RM 131, though individual units vary from RM 86 to RM 176 in the core range. The broader market spans RM 112.50 to RM 149.50, indicating diverse property characteristics. A wider spread (IQR: RM 37.00) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.

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.