TAMAN KUMBANG JAYA (SRBOM) in Larut Matang, Perak recorded 1 subsale transactions in 2023, with a median price of RM 210K and a median price per square foot (PSF) of RM 111.
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 210K, with most transactions falling within a stable range of RM 170K to RM 250K, and a typical market range of RM 125K to RM 295K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 111, with core pricing between RM 92 and RM 130. Market pricing typically extends from RM 63.50 to RM 158.50, reflecting moderate variation in unit pricing. The spread of RM 95.00 (IQR) and deviation of RM 19 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
