MEDAN TRONG (PL 2442)

MEDAN TRONG (PL 2442) in Larut Matang, Perak recorded 9 subsale transactions in 2024, with a median price of RM 389K and a median price per square foot (PSF) of RM 254.

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 389K, with most transactions falling within a stable range of RM 326K to RM 439K, and a typical market range of RM 339K to RM 439K.

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

The median PSF stands at RM 254, with core pricing between RM 210 and RM 298. Market pricing typically extends from RM 234.00 to RM 274.00, reflecting moderate variation in unit pricing. The spread of RM 40.00 (IQR) and deviation of RM 44 (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.