TAMAN SIMPANG MAKMUR in Larut Matang, Perak recorded 3 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 209.
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 250K, with most transactions falling within a stable range of RM 233K to RM 268K, and a typical market range of RM 233K to RM 267K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 209, with most transactions between RM 194 and RM 224. The usual range is RM 194.75 to RM 223.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.50 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
