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 1.08 million to RM 608K, and a typical market range of RM 1.08 million to RM 785K.
Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 333, with core pricing between RM 285 and RM 380. Market pricing typically extends from RM 195.25 to RM 469.75, reflecting moderate variation in unit pricing. With an IQR of RM 274.50 and MAD of RM 48, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.