Area Intelligence

TMN SIMPANG MAKMUR

2 properties
Double Storey Terraced
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Median Price
RM 290,000
PSF: RM 228

Residential Market

Median Price

RM 290,000

IQR: RM 31
MAD: RM 17
RM 228 PSF 2.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SIMPANG MAKMUR in Larut Matang, Perak recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 290K and a median price per square foot (PSF) of RM 228.

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 290K, with most transactions falling within a stable range of RM 270K to RM 310K, and a typical market range of RM 272K to RM 308K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 228, with most transactions between RM 226 and RM 230. The usual range is RM 212.75 to RM 243.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.50 and an average deviation (MAD) of RM 2 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SIMPANG MAKMUR, Larut Matang, Perak

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Transactions

2 properties grouped by size

1,200 sqft
1 units Double Storey Terraced
RM 270,000
LORONG PENAGA
1,195 sqft · RM 226.00 PSF
May 2022
1,350 sqft
1 units Double Storey Terraced
RM 310,000
LORONG SAGA
1,345 sqft · RM 230.00 PSF
May 2023