| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Simpang - Kuala Kangsar
|
RM550,000
|
RM217
|
2,530 sqft
|
|
|
Lorong Medang
|
RM400,000
|
RM131
|
3,057 sqft
|
|
|
Simpang Business Centre
|
RM850,000
|
RM191
|
4,456 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
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Pekan Simpang, Larut Matang, Perak
Pekan Simpang in Larut Matang, Perak recorded 3 subsale transactions between 2021 and 2026, with a median price of RM550K and a median price per square foot (PSF) of RM191.
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 RM550K, with most transactions falling within a stable range of RM400K to RM700K, and a typical market range of RM438K to RM663K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM191, with core pricing between RM153 and RM229. Market pricing typically extends from RM130.49 to RM250.99, reflecting moderate variation in unit pricing. The spread of RM120.50 (IQR) and deviation of RM38 (MAD) suggest moderate price variations reflecting different property features.
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.