TAMAN TAIPING in Larut Matang, Perak recorded 3 subsale transactions in 2022, with a median price of RM 200K and a median price per square foot (PSF) of RM 151.
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 200K, with most transactions falling within a stable range of RM 130K to RM 270K, and a typical market range of RM 133K to RM 268K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 151, with core pricing between RM 134 and RM 168. Market pricing typically extends from RM 134.50 to RM 167.50, reflecting moderate variation in unit pricing. With an IQR of RM 33.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
