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Market Snapshot
ResidentialRM 235,000
RM 147 psfMedian transaction price
Taman Simpang Makmur Ii, Larut Matang, Perak
Taman Simpang Makmur Ii in Larut Matang, Perak recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 235K and a median price per square foot (PSF) of RM 147.
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 235K, with most transactions falling within a stable range of RM 190K to RM 280K, and a typical market range of RM 193K to RM 277K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 147, with core pricing between RM 128 and RM 166. Market pricing typically extends from RM 127.38 to RM 165.63, reflecting moderate variation in unit pricing. With an IQR of RM 38.25 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.
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.