RKT JELAPANG in Larut Matang, Perak recorded 1 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 24.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 150K, with most transactions falling within a stable range of RM 65K to RM 235K, and a typical market range of RM 63K to RM 238K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 24, though individual units vary from RM 19 to RM 30 in the core range. The broader market spans RM 18.50 to RM 29.50, indicating diverse property characteristics. The spread of RM 11.00 (IQR) and deviation of RM 6 (MAD) suggest moderate price variations reflecting different property features.
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.
