JALAN SIMPANG

JALAN SIMPANG in Larut Matang, Perak recorded 1 subsale transactions in 2022, with a median price of RM 575K and a median price per square foot (PSF) of RM 441.

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 575K, with most transactions falling within a stable range of RM 488K to RM 663K, and a typical market range of RM 531K to RM 619K.

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

The median PSF stands at RM 441, with core pricing between RM 374 and RM 509. Market pricing typically extends from RM 407.25 to RM 474.75, reflecting moderate variation in unit pricing. The spread of RM 67.50 (IQR) and deviation of RM 68 (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. 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.