DESA CEMERLANG (RKT KG PAK DARUS II)

DESA CEMERLANG (RKT KG PAK DARUS II) in Larut Matang, Perak recorded 18 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 261.

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 340K, with most transactions falling within a stable range of RM 330K to RM 423K, and a typical market range of RM 330K to RM 475K.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 261, with core pricing between RM 216 and RM 306. Market pricing typically extends from RM 198.88 to RM 323.13, reflecting moderate variation in unit pricing. The spread of RM 124.25 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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.