TMN SIMPANG MAKMUR
Residential Market
Median Price
RM 245,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
4 properties
Median Price
RM 215,000
+38.9% CAGR
Median PSF
RM 180.00
+38.4% CAGR
Double Storey Terraced
2 properties
Median Price
RM 290,000
+14.8% CAGR
Median PSF
RM 228.00
+1.8% CAGR
Low-Cost House
1 properties
Median Price
RM 230,000
Median PSF
RM 193.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 4 |
RM 215,000
±35K MAD
|
+38.89% |
RM 180.00
±29 MAD
|
+38.41% | |
Double Storey Terraced | 2 |
RM 290,000
±20K MAD
|
+14.81% |
RM 228.00
±2 MAD
|
+1.77% | |
Low-Cost House | 1 |
RM 230,000
|
- |
RM 193.00
|
- |
TMN SIMPANG MAKMUR in Larut Matang, Perak recorded 2 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 191.
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 245K, with most transactions falling within a stable range of RM 180K to RM 310K, and a typical market range of RM 227K to RM 263K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 191, though individual units vary from RM 151 to RM 230 in the core range. The broader market spans RM 175.25 to RM 205.75, indicating diverse property characteristics. The spread of RM 30.50 (IQR) and deviation of RM 40 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG PALMA
|
RM 180,000
|
RM 151.00
|
1,195 sqft
|
Feb 2023
|
LORONG SAGA
|
RM 310,000
|
RM 230.00
|
1,345 sqft
|
May 2023
|