Area Intelligence

TMN SIMPANG MAKMUR II

5 properties
Single Storey Terraced
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Median Price
RM 210,000
PSF: RM 131

Residential Market

Median Price

RM 210,000

IQR: RM 37
MAD: RM 20
RM 131 PSF 4.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SIMPANG MAKMUR II in Larut Matang, Perak recorded 5 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 210K and a median price per square foot (PSF) of RM 131.

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 210K, with most transactions falling within a stable range of RM 180K to RM 296K, and a typical market range of RM 180K to RM 258K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 131, with core pricing between RM 110 and RM 153. Market pricing typically extends from RM 112.50 to RM 149.50, reflecting moderate variation in unit pricing. The spread of RM 37.00 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

5 properties grouped by size

1,400 sqft
1 units Single Storey Terraced
RM 180,000
LORONG JATI.
1,399 sqft · RM 129.00 PSF
Apr 2022
1,600 sqft
2 units Single Storey Terraced
RM 210,000
LORONG PULAI
1,604 sqft · RM 131.00 PSF
Mar 2023
RM 260,000
LORONG PERUPOK
1,604 sqft · RM 162.00 PSF
Feb 2023
1,800 sqft
1 units Single Storey Terraced
RM 200,000
LORONG MENGKELUNG
1,798 sqft · RM 111.00 PSF
Mar 2024
2,500 sqft
1 units Single Storey Terraced
RM 418,000
TMN SIMPANG MAKMUR II
2,486 sqft · RM 168.00 PSF
Aug 2024