Taman Simpang in Larut Matang, Perak recorded 2 subsale transactions in 2024, with a median price of RM248K and a median price per square foot (PSF) of RM128.

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 RM248K, with most transactions falling within a stable range of RM207K to RM288K, and a typical market range of RM226K to RM269K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM128, with most transactions between RM127 and RM129. The usual range is RM125.24 to RM131.24, showing that most units are priced quite close to each other. A typical spread (IQR) of RM6.00 and an average deviation (MAD) of RM1 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.