Area Intelligence

TMN SIMPANG

2 properties
Single Storey Terraced
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Median Price
RM 192,500
PSF: RM 120

Residential Market

Median Price

RM 192,500

IQR: RM 63
MAD: RM 16
RM 120 PSF 16.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SIMPANG in Larut Matang, Perak recorded 2 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 193K and a median price per square foot (PSF) of RM 120.

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 193K, with most transactions falling within a stable range of RM 180K to RM 205K, and a typical market range of RM 180K to RM 205K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 120, with most transactions between RM 112 and RM 128. The usual range is RM 88.75 to RM 151.25, showing that most units are priced quite close to each other. With an IQR of RM 62.50 and MAD of RM 8, 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

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Transactions

2 properties grouped by size

1,600 sqft
2 units Single Storey Terraced
RM 180,000
LORONG MERANTI
1,604 sqft · RM 112.00 PSF
Apr 2024
RM 205,000
LORONG MERAWAN
1,604 sqft · RM 128.00 PSF
Dec 2022