Area Intelligence

KG BARU SIMPANG

2 properties
2024
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Median Price
RM 190,000
PSF: RM 46

Residential Market

Median Price

RM 190,000

IQR: RM 4
MAD: RM 1
RM 46 PSF 2.9%

PSF Trends (2021-2025)

KG BARU SIMPANG in Larut Matang, Perak recorded 2 subsale transactions in 2024, with a median price of RM 190K and a median price per square foot (PSF) of RM 46.

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 190K, with most transactions falling within a stable range of RM 180K to RM 200K, and a typical market range of RM 185K to RM 195K.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 46, with most transactions between RM 42 and RM 49. The usual range is RM 43.75 to RM 47.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 3.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KG BARU SIMPANG, Larut Matang, Perak

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Transactions

2 properties grouped by size

4,100 sqft
1 units Detached
RM 200,000
JALAN KG SIMPANG MAKMUR
4,085 sqft · RM 49.00 PSF
Nov 2024
4,300 sqft
1 units Detached
RM 180,000
KAMPUNG BARU SIMPANG
4,307 sqft · RM 42.00 PSF
Apr 2024