TAIPING BUSINESS CENTRE in Larut Matang, Perak recorded 4 subsale transactions in 2022, with a median price of RM 750K and a median price per square foot (PSF) of RM 465.
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 750K, with most transactions falling within a stable range of RM 663K to RM 838K, and a typical market range of RM 646K to RM 854K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 465, though individual units vary from RM 368 to RM 561 in the core range. The broader market spans RM 380.50 to RM 548.50, indicating diverse property characteristics. The spread of RM 168.00 (IQR) and deviation of RM 97 (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.
