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Market Snapshot
CommercialRM 950,000
RM 583 psfMedian transaction price
Medan Saujana Kamunting in Larut Matang, Perak recorded 0 subsale transactions in 2021, with a median price of RM 950K and a median price per square foot (PSF) of RM 583.
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 950K, with most transactions falling within a stable range of RM 740K to RM 1.16 million, and a typical market range of RM 700K to RM 1.20 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 583, though individual units vary from RM 380 to RM 786 in the core range. The broader market spans RM 415.00 to RM 751.00, indicating diverse property characteristics. A wider spread (IQR: RM 336.00) and deviation (MAD: RM 203) indicate significant PSF variations, likely due to diverse property types or conditions.
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.