Taman Simpang

Simpang, Kampung Baru Simpang, 34700, Larut Matang, Perak, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM180,000
Lorong Meranti
1,604 sqft RM112 PSF
RM380,000
Lorong Melunar
1,238 sqft RM307 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Simpang? Homes here sold for a median of RM280,000.

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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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TAMAN SIMPANG, Simpang, Kampung Baru Simpang, 34700, Larut Matang, Perak, Malaysia

Taman Simpang in Larut Matang, Perak recorded 2 subsale transactions in 2024, with a median price of RM280K and a median price per square foot (PSF) of RM210.

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 RM280K, with most transactions falling within a stable range of RM180K to RM380K, and a typical market range of RM230K to RM330K.

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

Price per square foot shows a median of RM210, though individual units vary from RM112 to RM307 in the core range. The broader market spans RM178.36 to RM240.86, indicating diverse property characteristics. A wider spread (IQR: RM62.50) and deviation (MAD: RM97) indicate significant PSF variations, likely due to diverse property types or conditions.

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.