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Market Snapshot
RM 325,500
RM 207 psfMedian transaction price
RM 593,000
RM 406 psfMedian transaction price
VP33+WC, 34600 Taiping, Perak, Malaysia
MapsTaman Kamunting Pelangi in Larut Matang, Perak recorded 0 subsale transactions in 2021, with a median price of RM 352K and a median price per square foot (PSF) of RM 214.
This area contains both residential and commercial properties. View 68 residential properties or 13 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 352K, with most transactions falling within a stable range of RM 284K to RM 420K, and a typical market range of RM 275K to RM 430K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 214, with most transactions between RM 202 and RM 226. The usual range is RM 197.50 to RM 230.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.
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.