TAMAN SIMPANG MURNI

Area Intelligence
2024
Median Price
RM 388,000
PSF: RM 252

Residential PSF Trends

Median Price

RM 388,000

PSF: RM 252

TAMAN SIMPANG MURNI in Larut Matang, Perak recorded 1 subsale transactions in 2024, with a median price of RM 388K and a median price per square foot (PSF) of RM 252.

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 388K, with most transactions falling within a stable range of RM 375K to RM 401K, and a typical market range of RM 362K to RM 414K.

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

The median PSF stands at RM 252, with core pricing between RM 222 and RM 282. Market pricing typically extends from RM 221.25 to RM 282.75, reflecting moderate variation in unit pricing. With an IQR of RM 61.50 and MAD of RM 30, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SIMPANG MURNI, Larut Matang, Perak

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