Area Intelligence

BANDAR TAIPING

6 properties
2023
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Median Price
RM 495,000
PSF: RM 333

Residential Market

Median Price

RM 400,000

RM 241 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 495,000

IQR: RM 216
MAD: RM 128
RM 333 PSF 3.4%

PSF Trends (2021-2025)

BANDAR TAIPING in Larut Matang, Perak recorded 6 subsale transactions in 2023, with a median price of RM 495K and a median price per square foot (PSF) of RM 333.

This area contains both residential and commercial properties. View 1 residential properties or 21 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 495K, with most transactions falling within a stable range of RM 240K to RM 926K, and a typical market range of RM 240K to RM 825K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 333, though individual units vary from RM 97 to RM 568 in the core range. The broader market spans RM 153.50 to RM 511.50, indicating diverse property characteristics. A wider spread (IQR: RM 358.00) and deviation (MAD: RM 235) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR TAIPING, Larut Matang, Perak

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Transactions

6 properties grouped by size

1,300 sqft
3 units 3-Storey Storey Shop
RM 240,000
JLN ASAM KUMBANG
1,300 sqft · RM 185.00 PSF
Sep 2023
RM 240,000
JLN ASSAM KUMBANG
1,300 sqft · RM 185.00 PSF
Sep 2023
RM 240,000
JLN ASSAM KUMBANG
1,300 sqft · RM 185.00 PSF
Sep 2023
1,550 sqft
1 units Double Storey Shop
RM 750,000
JLN PANGGONG WAYANG
1,564 sqft · RM 480.00 PSF
Apr 2023
1,650 sqft
1 units 3-Storey Storey Shop
RM 1,075,000
JALAN KOTA
1,642 sqft · RM 655.00 PSF
Oct 2023
1,750 sqft
1 units 3-Storey Storey Shop
RM 1,300,000
JLN PANGGONG WAYANG
1,733 sqft · RM 750.00 PSF
Oct 2023