MEDAN PENGKALAN

MEDAN PENGKALAN in Larut Matang, Perak recorded 1 subsale transactions in 2024, with a median price of RM 305K and a median price per square foot (PSF) of RM 218.

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 305K, with most transactions falling within a stable range of RM 285K to RM 325K, and a typical market range of RM 291K to RM 319K.

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

For price per square foot, the median is RM 218, with most transactions between RM 204 and RM 232. The usual range is RM 208.25 to RM 227.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.50 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.

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.