Area Intelligence

TMN SIMPANG BAKTI

5 properties
2022
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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 5 subsale transactions in 2022, 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 175K to RM 200K, and a typical market range of RM 175K to RM 199K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 151, with most transactions between RM 143 and RM 159. The usual range is RM 138.25 to RM 163.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.50 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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

5 properties grouped by size

1,200 sqft
4 units Low-Cost House
RM 175,000
LORONG SB 16
1,195 sqft · RM 146.00 PSF
Sep 2022
RM 180,000
LORONG SB 8
1,195 sqft · RM 151.00 PSF
May 2022
RM 200,000
LORONG SB 11
1,195 sqft · RM 167.00 PSF
Feb 2022
RM 180,000
LORONG SB 11
1,195 sqft · RM 151.00 PSF
Jan 2022
1,400 sqft
1 units Single Storey Terraced
RM 230,000
LORONG SB 13
1,399 sqft · RM 164.00 PSF
Feb 2022