TAMAN SIMPANG MAKMUR

TAMAN SIMPANG MAKMUR in Larut Matang, Perak recorded 2 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 191.

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 245K, with most transactions falling within a stable range of RM 180K to RM 310K, and a typical market range of RM 228K to RM 262K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 191, though individual units vary from RM 151 to RM 230 in the core range. The broader market spans RM 176.25 to RM 204.75, indicating diverse property characteristics. The spread of RM 28.50 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

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.