PEKAN SIMPANG

PEKAN SIMPANG in Larut Matang, Perak recorded 2 subsale transactions in 2024, with a median price of RM 700K and a median price per square foot (PSF) of RM 389.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 389, with most transactions between RM 389 and RM 389. The usual range is RM 328.25 to RM 448.75, showing that most units are priced quite close to each other. With an IQR of RM 120.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.