| LIST.MY · Pekan Simpang | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Simpang Business Centre
|
RM850,000
|
RM191
|
4,456 sqft
|
|
3-Sty Shop |
|
Jalan Simpang - Kuala Kangsar
|
RM550,000
|
RM217
|
2,530 sqft
|
|
2-Sty Shop |
Selling in Pekan Simpang? Homes here sold for a median of RM700,000.
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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 2 subsale transactions in 2024, with a median price of RM700K and a median price per square foot (PSF) of RM204.
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 RM700K, with most transactions falling within a stable range of RM550K to RM850K, and a typical market range of RM588K to RM813K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM204, with most transactions between RM191 and RM217. The usual range is RM143.84 to RM264.34, showing that most units are priced quite close to each other. With an IQR of RM120.50 and MAD of RM13, the PSF demonstrates reasonable consistency across the market.
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.