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Nearby areas in Kampung Baru Simpang
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Kampung Baru Simpang
Pekan Simpang, Larut Matang, Perak
Pekan Simpang in Larut Matang, Perak recorded 0 subsale transactions in 2021, with a median price of RM550K and a median price per square foot (PSF) of RM287.
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 RM550K, with most transactions falling within a stable range of RM400K to RM700K, and a typical market range of RM438K to RM663K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM287, with core pricing between RM249 and RM325. Market pricing typically extends from RM226.75 to RM347.25, reflecting moderate variation in unit pricing. With an IQR of RM120.50 and MAD of RM38, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.