Perak
Larut Matang
Asam Kumbang
TAMAN SIMPANG BAKTI

TAMAN SIMPANG BAKTI

Area Intelligence

2023

Median Price

RM 168,000

PSF: RM 141

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Residential PSF Trends

Median Price

RM 168,000

PSF: RM 141

TAMAN SIMPANG BAKTI in Larut Matang, Perak recorded 3 subsale transactions in 2023, with a median price of RM 168K and a median price per square foot (PSF) of RM 141.

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 168K, with most transactions falling within a stable range of RM 160K to RM 213K, and a typical market range of RM 160K to RM 187K.

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

The median PSF stands at RM 141, with core pricing between RM 118 and RM 164. Market pricing typically extends from RM 128.25 to RM 153.75, reflecting moderate variation in unit pricing. The spread of RM 25.50 (IQR) and deviation of RM 23 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SIMPANG BAKTI, Larut Matang, Perak

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