TAMAN MATANG DAMAI in Larut Matang, Perak recorded 12 subsale transactions in 2023, with a median price of RM 313K and a median price per square foot (PSF) of RM 187.
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 313K, with most transactions falling within a stable range of RM 272K to RM 354K, and a typical market range of RM 263K to RM 363K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 187, though individual units vary from RM 149 to RM 225 in the core range. The broader market spans RM 158.50 to RM 215.50, indicating diverse property characteristics. The spread of RM 57.00 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
