BANDAR TAIPING in Larut Matang, Perak recorded 6 subsale transactions in 2023, with a median price of RM 495K and a median price per square foot (PSF) of RM 333.
This area contains both residential and commercial properties. View 1 residential properties or 23 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 495K, with most transactions falling within a stable range of RM 280K to RM 710K, and a typical market range of RM 205K to RM 785K.
Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 333, though individual units vary from RM 203 to RM 463 in the core range. The broader market spans RM 195.25 to RM 469.75, indicating diverse property characteristics. A wider spread (IQR: RM 274.50) and deviation (MAD: RM 130) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
