TAMAN BERKAT in Larut Matang, Perak recorded 24 subsale transactions in 2023, with a median price of RM 198K and a median price per square foot (PSF) of RM 187.
This area contains both residential and commercial properties. View 64 residential properties or 6 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 198K, with most transactions falling within a stable range of RM 168K to RM 228K, and a typical market range of RM 166K to RM 229K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 187, with core pricing between RM 150 and RM 223. Market pricing typically extends from RM 150.38 to RM 222.63, reflecting moderate variation in unit pricing. The spread of RM 72.25 (IQR) and deviation of RM 37 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
