PEKAN SIMPANG

PEKAN SIMPANG in Larut Matang, Perak recorded 1 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 850K and a median price per square foot (PSF) of RM 490.

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

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

Within the 3-Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 490, with most transactions between RM 490 and RM 490. The usual range is RM 429.75 to RM 550.25, 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. 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.