Area Intelligence

TMN SIMPANG MAKMUR

3 properties
2024
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Median Price
RM 250,000
PSF: RM 209

Residential Market

Median Price

RM 250,000

IQR: RM 31
MAD: RM 17
RM 209 PSF 2.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SIMPANG MAKMUR in Larut Matang, Perak recorded 3 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 209.

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 250K, with most transactions falling within a stable range of RM 235K to RM 253K, and a typical market range of RM 232K to RM 253K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 209, with most transactions between RM 196 and RM 222. The usual range is RM 193.75 to RM 224.25, 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 13 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

3 properties grouped by size

1,200 sqft
3 units Single Storey Terraced
RM 220,000
LORONG JAMBUL MERAK
1,195 sqft · RM 184.00 PSF
Sep 2024
RM 253,000
LORONG JAMBUL MERAK.
1,195 sqft · RM 212.00 PSF
May 2024
RM 250,000
LORONG PALMA
1,195 sqft · RM 209.00 PSF
May 2024