MEDAN TRONG (PL 2442) in Larut Matang, Perak recorded 9 subsale transactions in 2024, with a median price of RM 389K and a median price per square foot (PSF) of RM 254.
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 389K, with most transactions falling within a stable range of RM 342K to RM 437K, and a typical market range of RM 339K to RM 439K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 254, with core pricing between RM 214 and RM 294. Market pricing typically extends from RM 195.88 to RM 312.13, reflecting moderate variation in unit pricing. The spread of RM 116.25 (IQR) and deviation of RM 40 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
