TAMAN SIMPANG MAKMUR II

TAMAN SIMPANG MAKMUR II in Larut Matang, Perak recorded 3 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 162.

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 260K, with most transactions falling within a stable range of RM 215K to RM 305K, and a typical market range of RM 213K to RM 308K.

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

The median PSF stands at RM 162, with core pricing between RM 143 and RM 182. Market pricing typically extends from RM 143.50 to RM 180.50, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.