TAMAN SIMPANG in Larut Matang, Perak recorded 1 subsale transactions in 2022, with a median price of RM 205K and a median price per square foot (PSF) of RM 128.
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 205K, with most transactions falling within a stable range of RM 180K to RM 230K, and a typical market range of RM 155K to RM 255K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 128, with core pricing between RM 112 and RM 144. Market pricing typically extends from RM 96.75 to RM 159.25, reflecting moderate variation in unit pricing. With an IQR of RM 62.50 and MAD of RM 16, 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.
