TAMAN SIMPANG

TAMAN SIMPANG in Larut Matang, Perak recorded 2 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 175.

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 280K, with most transactions falling within a stable range of RM 180K to RM 380K, and a typical market range of RM 230K to RM 330K.

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

Price per square foot shows a median of RM 175, though individual units vary from RM 112 to RM 237 in the core range. The broader market spans RM 143.25 to RM 205.75, indicating diverse property characteristics. A wider spread (IQR: RM 62.50) and deviation (MAD: RM 63) indicate significant PSF variations, likely due to diverse property types or conditions.

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.