TAMAN RAKYAT in Larut Matang, Perak recorded 9 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 177.
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 180K, with most transactions falling within a stable range of RM 170K to RM 190K, and a typical market range of RM 169K to RM 192K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 177, with core pricing between RM 158 and RM 196. Market pricing typically extends from RM 156.38 to RM 197.63, reflecting moderate variation in unit pricing. With an IQR of RM 41.25 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
