PEKAN MATANG

Area Intelligence
2024
Median Price
RM 212,000
PSF: RM 158

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 200

Commercial PSF Trends

Median Price

RM 212,000

RM 158 PSF

PEKAN MATANG in Larut Matang, Perak recorded 1 subsale transactions in 2024, with a median price of RM 212K and a median price per square foot (PSF) of RM 158.

This area contains both residential and commercial properties. View 1 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 212K, with most transactions falling within a stable range of RM 143K to RM 281K, and a typical market range of RM 178K to RM 247K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 158, with core pricing between RM 137 and RM 179. Market pricing typically extends from RM 147.50 to RM 168.50, reflecting moderate variation in unit pricing. With an IQR of RM 21.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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.

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PEKAN MATANG, Larut Matang, Perak

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