TAIPING BUSINESS CENTRE in Larut Matang, Perak recorded 4 subsale transactions in 2023, with a median price of RM 888K and a median price per square foot (PSF) of RM 635.
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 888K, with most transactions falling within a stable range of RM 801K to RM 976K, and a typical market range of RM 784K to RM 992K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 635, with core pricing between RM 538 and RM 731. Market pricing typically extends from RM 550.50 to RM 718.50, reflecting moderate variation in unit pricing. 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
