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Jalan Simpang
PSF median price per sq ft · 12m its change over the past 12 months
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Jalan Simpang, Larut Matang, Perak
Jalan Simpang in Larut Matang, Perak recorded 0 subsale transactions in 2021, with a median price of RM663K and a median price per square foot (PSF) of RM509.
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 RM663K, with most transactions falling within a stable range of RM575K to RM750K, and a typical market range of RM619K to RM706K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM509, with core pricing between RM441 and RM576. Market pricing typically extends from RM474.75 to RM542.25, reflecting moderate variation in unit pricing. With an IQR of RM67.50 and MAD of RM68, 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. 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.