Pekan Simpang

Perak, Larut Matang, Kampung Baru Simpang

Property Transactions

2 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
2,550 sqft
2-Sty Shop
RM550,000
Jalan Simpang - Kuala Kangsar
2,530 sqft · RM217 PSF
3,050 sqft
2-Sty Shop
RM400,000
Lorong Medang
3,057 sqft · RM131 PSF
Legend Recent Highest Price Highest PSF

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Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Kampung Baru Simpang

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Pekan Simpang, Larut Matang, Perak

Pekan Simpang in Larut Matang, Perak recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM475K and a median price per square foot (PSF) of RM174.

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 RM475K, with most transactions falling within a stable range of RM400K to RM550K, and a typical market range of RM400K to RM550K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM174, though individual units vary from RM131 to RM217 in the core range. The broader market spans RM113.89 to RM234.39, indicating diverse property characteristics. The spread of RM120.50 (IQR) and deviation of RM43 (MAD) suggest moderate price variations reflecting different property features.

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.