KAMUNTING/JALAN STESYEN in Larut Matang, Perak recorded 2 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 112.
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 180K, with most transactions falling within a stable range of RM 130K to RM 230K, and a typical market range of RM 130K to RM 230K.
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 112, with most transactions between RM 105 and RM 119. The usual range is RM 95.00 to RM 129.00, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
