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Market Snapshot
ResidentialRM 171,000
RM 131 psfMedian transaction price
Taman Kamunting Putra Fasa 1 in Larut Matang, Perak recorded 0 subsale transactions in 2021, with a median price of RM 171K and a median price per square foot (PSF) of RM 131.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 131, with most transactions between RM 131 and RM 131. The usual range is RM 121.13 to RM 140.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.75 and an average deviation (MAD) of RM 0 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.