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Market Snapshot
CommercialRM 304,000
RM 278 psfMedian transaction price
Medan Trong (Pl 2442) in Larut Matang, Perak recorded 0 subsale transactions in 2022, with a median price of RM 304K and a median price per square foot (PSF) of RM 278.
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 304K, with most transactions falling within a stable range of RM 284K to RM 324K, and a typical market range of RM 261K to RM 347K.
Most transactions involved soho/sofo/sovo, with high diversity across multiple property types.
Price per square foot shows a median of RM 278, though individual units vary from RM 217 to RM 339 in the core range. The broader market spans RM 215.00 to RM 341.00, indicating diverse property characteristics. The spread of RM 126.00 (IQR) and deviation of RM 61 (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.