TAMAN MATANG JAYA in Larut Matang, Perak recorded 34 subsale transactions in 2022, with a median price of RM 389K and a median price per square foot (PSF) of RM 278.
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 389K, with most transactions falling within a stable range of RM 362K to RM 409K, and a typical market range of RM 359K to RM 409K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 278, with core pricing between RM 236 and RM 320. Market pricing typically extends from RM 258.50 to RM 297.50, reflecting moderate variation in unit pricing. The spread of RM 39.00 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.