KAMUNTING/JALAN STESYEN in Larut Matang, Perak recorded 3 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 145.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 260K, with most transactions falling within a stable range of RM 210K to RM 310K, and a typical market range of RM 210K to RM 310K.
Most transactions involved 1 - 1 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 145, with most transactions between RM 138 and RM 152. The usual range is RM 128.00 to RM 162.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
