TAMAN JEBONG AMAN (PECAHAN LOT 5013) in Larut Matang, Perak recorded 14 subsale transactions in 2023, with a median price of RM 282K and a median price per square foot (PSF) of RM 172.
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 282K, with most transactions falling within a stable range of RM 269K to RM 295K, and a typical market range of RM 242K to RM 322K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 172, with most transactions between RM 163 and RM 181. The usual range is RM 153.00 to RM 191.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.00 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.