Area Intelligence

TMN SIMPANG

3 properties
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Median Price
RM 205,000
PSF: RM 128

Residential Market

Median Price

RM 205,000

IQR: RM 63
MAD: RM 16
RM 128 PSF 16.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SIMPANG in Larut Matang, Perak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 205K and a median price per square foot (PSF) of RM 128.

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 205K, with most transactions falling within a stable range of RM 180K to RM 230K, and a typical market range of RM 180K to RM 255K.

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

The median PSF stands at RM 128, with core pricing between RM 112 and RM 144. Market pricing typically extends from RM 96.75 to RM 159.25, reflecting moderate variation in unit pricing. With an IQR of RM 62.50 and MAD of RM 16, 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.

Area Location

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TMN SIMPANG, Larut Matang, Perak

OSM

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Transactions

3 properties grouped by size

1,600 sqft
3 units
RM 180,000
Single Storey Terraced LORONG MERANTI
1,604 sqft · RM 112.00 PSF
Apr 2024
RM 380,000
Double Storey Terraced LORONG MELUNAR
1,604 sqft · RM 237.00 PSF
Jan 2024
RM 205,000
Single Storey Terraced LORONG MERAWAN
1,604 sqft · RM 128.00 PSF
Dec 2022