Area Intelligence

MEDAN LARUT

4 properties
2023
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Median Price
RM 385,000
PSF: RM 196

Residential Market

Median Price

RM 300,000

IQR: RM 35
MAD: RM 18
RM 187 PSF 16.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 600,000

RM 502 PSF 0.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MEDAN LARUT in Larut Matang, Perak recorded 4 subsale transactions in 2023, with a median price of RM 385K and a median price per square foot (PSF) of RM 196.

This area contains both residential and commercial properties. View 7 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 385K, with most transactions falling within a stable range of RM 275K to RM 517K, and a typical market range of RM 320K to RM 450K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 196, though individual units vary from RM 59 to RM 333 in the core range. The broader market spans RM 145.00 to RM 247.00, indicating diverse property characteristics. A wider spread (IQR: RM 102.00) and deviation (MAD: RM 137) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MEDAN LARUT, Larut Matang, Perak

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Transactions

4 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 600,000
JALAN MEDAN TAIPING 5
1,195 sqft · RM 502.00 PSF
Mar 2023
1,600 sqft
2 units Double Storey Terraced
RM 275,000
JLN MEDAN TAIPING 7
1,615 sqft · RM 170.00 PSF
Nov 2023
RM 300,000
JLN MEDAN TAIPING 7
1,604 sqft · RM 187.00 PSF
Sep 2023
2,300 sqft
1 units Double Storey Terraced
RM 470,000
JLN MEDAN TAIPING 3
2,293 sqft · RM 205.00 PSF
Aug 2023