Perak
Larut Matang
Asam Kumbang
TAMAN SIMPANG MAKMUR

TAMAN SIMPANG MAKMUR

Area Intelligence

2023

Median Price

RM 245,000

PSF: RM 191

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Residential PSF Trends

Median Price

RM 245,000

PSF: RM 191

TAMAN SIMPANG MAKMUR in Larut Matang, Perak recorded 2 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 191.

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 245K, with most transactions falling within a stable range of RM 220K to RM 270K, and a typical market range of RM 223K to RM 268K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 191, with core pricing between RM 170 and RM 212. Market pricing typically extends from RM 171.50 to RM 209.50, reflecting moderate variation in unit pricing. With an IQR of RM 38.00 and MAD of RM 21, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SIMPANG MAKMUR, Larut Matang, Perak

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