TAMAN TAIPING

TAMAN TAIPING in Larut Matang, Perak recorded 5 subsale transactions in 2023, with a median price of RM 235K and a median price per square foot (PSF) of RM 133.

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 235K, with most transactions falling within a stable range of RM 340K to RM 300K, and a typical market range of RM 340K to RM 303K.

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

The median PSF stands at RM 133, with core pricing between RM 111 and RM 155. Market pricing typically extends from RM 116.50 to RM 149.50, reflecting moderate variation in unit pricing. The spread of RM 33.00 (IQR) and deviation of RM 22 (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.