Area Intelligence

TMN SIMPANG MAKMUR II

6 properties
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Median Price
RM 235,000
PSF: RM 147

Residential Market

Median Price

RM 235,000

IQR: RM 37
MAD: RM 20
RM 147 PSF 4.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SIMPANG MAKMUR II in Larut Matang, Perak recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 235K and a median price per square foot (PSF) of RM 147.

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 235K, with most transactions falling within a stable range of RM 190K to RM 280K, and a typical market range of RM 188K to RM 283K.

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

The median PSF stands at RM 147, with core pricing between RM 127 and RM 166. Market pricing typically extends from RM 128.00 to RM 165.00, reflecting moderate variation in unit pricing. With an IQR of RM 37.00 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

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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TMN SIMPANG MAKMUR II, Larut Matang, Perak

OSM

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Transactions

6 properties found

Single Storey Terraced TMN SIMPANG MAKMUR II
RM 418,000
2,486 sqft Aug 2024
RM 168.00 PSF
Single Storey Terraced LORONG MENGKELUNG
RM 200,000
1,798 sqft Mar 2024
RM 111.00 PSF
Double Storey Terraced LORONG DEDAP MERAH
RM 310,000
1,302 sqft Oct 2023
RM 238.00 PSF
Single Storey Terraced LORONG PULAI
RM 210,000
1,604 sqft Mar 2023
RM 131.00 PSF
Single Storey Terraced LORONG PERUPOK
RM 260,000
1,604 sqft Feb 2023
RM 162.00 PSF
Single Storey Terraced LORONG JATI.
RM 180,000
1,399 sqft Apr 2022
RM 129.00 PSF