Area Intelligence

TMN PENGKALAN JAYA

2 properties
Single Storey Shop
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Median Price
RM 1,209,500
PSF: RM 592

Commercial Market

Median Price

RM 1,209,500

IQR: RM 40
MAD: RM 12
RM 592 PSF

PSF Trends (2021-2025)

TMN PENGKALAN JAYA in Larut Matang, Perak recorded 2 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 1.21 million and a median price per square foot (PSF) of RM 592.

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 1.21 million, with most transactions falling within a stable range of RM 847K to RM 1.57 million, and a typical market range of RM 1.16 million to RM 1.26 million.

Within the Single Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 592, with most transactions between RM 574 and RM 609. The usual range is RM 571.75 to RM 611.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.50 and an average deviation (MAD) of RM 18 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PENGKALAN JAYA, Larut Matang, Perak

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Transactions

2 properties grouped by size

1,450 sqft
1 units Single Storey Shop
RM 847,000
JALAN TAMAN KAYA
1,475 sqft · RM 574.00 PSF
Mar 2024
2,600 sqft
1 units Single Storey Shop
RM 1,572,000
JALAN SIMPANG
2,583 sqft · RM 609.00 PSF
Feb 2024