Perak
Larut Matang
Asam Kumbang
TAMAN SIMPANG MAKMUR II

TAMAN SIMPANG MAKMUR II

Area Intelligence

2024

Median Price

RM 309,000

PSF: RM 140

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Residential PSF Trends

Median Price

RM 309,000

PSF: RM 140

TAMAN SIMPANG MAKMUR II in Larut Matang, Perak recorded 2 subsale transactions in 2024, with a median price of RM 309K and a median price per square foot (PSF) of RM 140.

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 309K, with most transactions falling within a stable range of RM 200K to RM 418K, and a typical market range of RM 267K to RM 351K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 140, though individual units vary from RM 111 to RM 168 in the core range. The broader market spans RM 120.38 to RM 158.63, indicating diverse property characteristics. The spread of RM 38.25 (IQR) and deviation of RM 29 (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 MAKMUR II, Larut Matang, Perak

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