Area Intelligence

TMN SIMPANG BAKTI

13 properties
Low-Cost House
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Median Price
RM 180,000
PSF: RM 151

Residential Market

Median Price

RM 180,000

IQR: RM 26
MAD: RM 13
RM 151 PSF 3.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SIMPANG BAKTI in Larut Matang, Perak recorded 13 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 180K and a median price per square foot (PSF) of RM 151.

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 180K, with most transactions falling within a stable range of RM 160K to RM 202K, and a typical market range of RM 161K to RM 199K.

Within the Low-Cost House category, low-cost house dominated the market, though some variety exists in the market.

The median PSF stands at RM 151, with core pricing between RM 128 and RM 174. Market pricing typically extends from RM 138.25 to RM 163.75, reflecting moderate variation in unit pricing. The spread of RM 25.50 (IQR) and deviation of RM 23 (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.

Area Location

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TMN SIMPANG BAKTI, Larut Matang, Perak

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Transactions

13 properties grouped by size

1,200 sqft
12 units (showing 6) Low-Cost House
RM 170,000
LORONG SB 8
1,195 sqft · RM 142.00 PSF
Oct 2024
RM 200,000
LORONG SB 11
1,195 sqft · RM 167.00 PSF
Aug 2024
RM 210,000
LORONG SB 5
1,195 sqft · RM 176.00 PSF
Jun 2024
RM 185,000
LORONG SB 7
1,195 sqft · RM 155.00 PSF
Apr 2024
RM 165,000
JALAN SIMPANG BAKTI
1,195 sqft · RM 138.00 PSF
Feb 2024
RM 210,000
LORONG SB 8
1,195 sqft · RM 176.00 PSF
Feb 2024
2,850 sqft
1 units Low-Cost House
RM 240,000
LORONG SB 2
2,852 sqft · RM 84.00 PSF
Dec 2023