TMN SIMPANG MUTIARA

TMN SIMPANG MUTIARA in Larut Matang, Perak recorded 3 subsale transactions in 2023, with a median price of RM 569K and a median price per square foot (PSF) of RM 118.

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 569K, with most transactions falling within a stable range of RM 505K to RM 572K, and a typical market range of RM 512K to RM 572K.

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

The median PSF stands at RM 118, with core pricing between RM 95 and RM 141. Market pricing typically extends from RM 106.25 to RM 129.75, reflecting moderate variation in unit pricing. The spread of RM 23.50 (IQR) and deviation of RM 23 (MAD) suggest moderate price variations reflecting different property features.

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.