| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan 16
|
RM 280,000
|
RM 426
|
657 sqft
|
|
|
Jalan 20
|
RM 160,000
|
RM 145
|
1,100 sqft
|
|
|
Jalan 2
|
RM 180,000
|
RM 138
|
1,302 sqft
|
|
|
|
Jalan 4
|
RM 170,000
|
RM 131
|
1,302 sqft
|
|
|
Lorong 30
|
RM 299,000
|
RM 212
|
1,410 sqft
|
|
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Market Snapshot
ResidentialRM 180,000
RM 145 psfMedian transaction price
Taman Sungai Mas Fasa Ii & Iii in Larut Matang, Perak recorded 5 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 145.
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 160K to RM 239K, and a typical market range of RM 160K to RM 225K.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 145, though individual units vary from RM 34 to RM 257 in the core range. The broader market spans RM 108.21 to RM 182.71, indicating diverse property characteristics. A wider spread (IQR: RM 74.50) and deviation (MAD: RM 112) indicate significant PSF variations, likely due to diverse property types or conditions.
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.