TAMAN SIMPANG MAKMUR II

TAMAN SIMPANG MAKMUR II in Larut Matang, Perak recorded 2 subsale transactions in 2024, with a median price of RM 309K and a median price per square foot (PSF) of RM 140.

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 309K, with most transactions falling within a stable range of RM 200K to RM 418K, and a typical market range of RM 262K to RM 357K.

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 140, though individual units vary from RM 111 to RM 168 in the core range. The broader market spans RM 121.00 to RM 158.00, indicating diverse property characteristics. The spread of RM 37.00 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.

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.