RKT JELAPANG in Larut Matang, Perak recorded 1 subsale transactions in 2021, with a median price of RM 230K and a median price per square foot (PSF) of RM 36.
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 230K, with most transactions falling within a stable range of RM 145K to RM 315K, and a typical market range of RM 143K to RM 318K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 36, with core pricing between RM 31 and RM 42. Market pricing typically extends from RM 30.50 to RM 41.50, reflecting moderate variation in unit pricing. 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.
