RPA POKOK ASAM in Larut Matang, Perak recorded 2 subsale transactions in 2022, with a median price of RM 105K and a median price per square foot (PSF) of RM 103.
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 105K, with most transactions falling within a stable range of RM 89K to RM 121K, and a typical market range of RM 92K to RM 118K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 103, with core pricing between RM 88 and RM 119. Market pricing typically extends from RM 90.25 to RM 115.75, reflecting moderate variation in unit pricing. The spread of RM 25.50 (IQR) and deviation of RM 16 (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.