TAMAN KAMUNTING PUTRA FASA 1

TAMAN KAMUNTING PUTRA FASA 1 in Larut Matang, Perak recorded 12 subsale transactions in 2023, with a median price of RM 226K and a median price per square foot (PSF) of RM 122.

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 226K, with most transactions falling within a stable range of RM 171K to RM 280K, and a typical market range of RM 171K to RM 281K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 122, with most transactions between RM 113 and RM 131. The usual range is RM 112.75 to RM 131.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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.