JALAN SIMPANG

Area Intelligence

Median Price

RM 662,500

PSF: RM 509

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Commercial PSF Trends

Median Price

RM 662,500

RM 509 PSF

JALAN SIMPANG in Larut Matang, Perak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 663K and a median price per square foot (PSF) of RM 509.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 663K, with most transactions falling within a stable range of RM 575K to RM 750K, and a typical market range of RM 619K to RM 706K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 509, with core pricing between RM 441 and RM 576. Market pricing typically extends from RM 474.75 to RM 542.25, reflecting moderate variation in unit pricing. With an IQR of RM 67.50 and MAD of RM 68, 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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JALAN SIMPANG, Larut Matang, Perak

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