TAMAN SIMPANG BAKTI

Area Intelligence
2023
Median Price
RM 204,000
PSF: RM 138

Residential PSF Trends

Median Price

RM 204,000

PSF: RM 138

TAMAN SIMPANG BAKTI in Larut Matang, Perak recorded 4 subsale transactions in 2023, with a median price of RM 204K and a median price per square foot (PSF) of RM 138.

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 204K, with most transactions falling within a stable range of RM 187K to RM 221K, and a typical market range of RM 185K to RM 223K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 138, with most transactions between RM 125 and RM 151. The usual range is RM 124.75 to RM 150.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.50 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

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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TAMAN SIMPANG BAKTI, Larut Matang, Perak

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Transactions

4 transactions grouped by size

1,200 sqft
Low-Cost House
RM 168,000
JALAN SIMPANG BAKTI
1,195 sqft · RM 141 PSF
RM 160,000
LORONG SB 1, TAMAN SIMPANG BAKTI
1,195 sqft · RM 134 PSF
1,400 sqft
Single Storey Terraced
RM 260,000
LORONG KP 4
1,399 sqft · RM 186 PSF
2,850 sqft
Low-Cost House
RM 240,000
LORONG SB 2
2,852 sqft · RM 84 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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