PEKAN SIMPANG

PEKAN SIMPANG in Larut Matang, Perak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 287.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 400K to RM 700K, and a typical market range of RM 438K to RM 663K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 287, with core pricing between RM 249 and RM 325. Market pricing typically extends from RM 226.75 to RM 347.25, reflecting moderate variation in unit pricing. With an IQR of RM 120.50 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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.