MEDAN PERWIRA in Larut Matang, Perak recorded 3 subsale transactions in 2024, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 715.
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 RM 1.00 million, with most transactions falling within a stable range of RM 820K to RM 1.18 million, and a typical market range of RM 820K to RM 1.18 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 715, with core pricing between RM 603 and RM 827. Market pricing typically extends from RM 596.38 to RM 833.63, reflecting moderate variation in unit pricing. The spread of RM 237.25 (IQR) and deviation of RM 112 (MAD) suggest moderate price variations reflecting different property features.
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.
