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Perak, Larut Matang, Kampung Baru Simpang

PEKAN SIMPANG

Area Intelligence
Median Price
RM 550,000
PSF: RM 287
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Commercial PSF Trends

Median Price

RM 550,000

RM 287 PSF

Property Types

PEKAN SIMPANG in Larut Matang, Perak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 287.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 400K to RM 700K, and a typical market range of RM 438K to RM 663K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 287, with core pricing between RM 249 and RM 325. Market pricing typically extends from RM 226.75 to RM 347.25, reflecting moderate variation in unit pricing. With an IQR of RM 120.50 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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PEKAN SIMPANG, Larut Matang, Perak

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Transactions

3 transactions found

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Grouped View Individual View
RM 850,000
SIMPANG BUSINESS CENTRE
1,733 sqft • RM 490.00 PSF
RM 550,000
JALAN SIMPANG - KUALA KANGSAR
1,916 sqft • RM 287.00 PSF
RM 400,000
LORONG MEDANG
1,604 sqft • RM 249.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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