Kampung Baru Simpang, Larut Matang, Perak property prices

Transactions from January 2022 to October 2025

Recorded Transactions16
Total Properties Sold6
Total transactions ≤ RM1,000,00016
Total transactions above RM1,000,0000

Totals for Kampung Baru Simpang, Larut Matang, Perak only. Properties sold counts distinct developments, not individual units.

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Kampung Baru Simpang, Larut Matang, Perak property prices: key facts

Median Transacted Price
RM 300,000
Median Price PSF
RM 231.46
Most Preferred Tenure
Leasehold
Most Transacted Property Type
1 - 1 1/2 Storey Terraced
Most Transacted Property
Tmn Mawar & Mawar Ii
Most Properties Sold In
April 2024 (2 Sales)
Low-Cost / Affordable Sold
8 (Up To RM 300,000)
Medium-Cost / Mid-Market Sold
7 (Above RM 300,000 To RM 800,000)
Luxury / High-End Sold
1 (Above RM 800,000 To RM 2,500,000)
Ultra-Luxury Sold
0 (Above RM 2,500,000)

Price bands cover positive transaction prices, including decimal amounts, with no gaps between tiers. Most-transacted facts reflect recorded volume, not a survey of buyer preferences.

Median price by year

Yearly transaction medians for Kampung Baru Simpang, Larut Matang, Perak
YearMedian priceMedian RM/sqftTotal transactions
2025RM 347,500RM 135.162
2024RM 320,000RM 236.937
2023RM 322,500RM 306.182
2022RM 245,000RM 225.985

Most Transacted Properties in Kampung Baru Simpang, Larut Matang, Perak

Most Transacted Properties in Kampung Baru Simpang, Larut Matang, Perak, ranked by recorded transactions
Property name Property type Total transactions Median price Median RM/sqft
TMN MAWAR & MAWAR II 2 - 2 1/2 Storey Terraced 7 RM 245,000 RM 250.12
PEKAN SIMPANG 2 - 2 1/2 Storey Shop 3 RM 550,000 RM 287.06
TMN SIMPANG 1 - 1 1/2 Storey Terraced 3 RM 205,000 RM 127.82
TMN INDAH (PEKAN SIMPANG) 1 - 1 1/2 Storey Terraced 1 RM 230,000 RM 169.59
TMN INDAH SIMPANG 1 - 1 1/2 Storey Terraced 1 RM 320,000 RM 199.52
TMN SIMPANG MAKMUR II 1 - 1 1/2 Storey Semi-Detached 1 RM 450,000 RM 95.23

Matching scheme names are combined within this report's location. Property links open the location with the most recorded transactions; its detail totals may differ from this combined ranking. Names without a complete report location are not linked. For mixed-type schemes, the most transacted property type is shown.

Kampung Baru Simpang, Larut Matang, Perak Property Market Insight

Between January 2022 and October 2025, Kampung Baru Simpang, Larut Matang, Perak recorded 16 property transactions within this area. The overall median transacted price stood at RM 300,000 (RM 231.46 PSF), serving as a practical benchmark for comparing localized values.

The market's upper bound reached RM 850,000 in kampung baru simpang, whereas the lowest recorded sale was RM 180,000 in kampung baru simpang. Across the area, 1 - 1 1/2 Storey Terraced emerged as the most transacted property type.

Extreme prices describe individual recorded sales, not the typical price of an entire area.

Frequently Asked Questions

What is the median property price in Kampung Baru Simpang, Larut Matang, Perak?

The median transacted property price in Kampung Baru Simpang, Larut Matang, Perak is RM 300,000 (RM 231.46 per sq. ft.), based on 16 recorded sales from January 2022 to October 2025.

How much do high-rise properties cost in Kampung Baru Simpang, Larut Matang, Perak?

No condominium or apartment transactions are available in the recorded period for Kampung Baru Simpang, Larut Matang, Perak.

What type of tenure do buyers in Kampung Baru Simpang, Larut Matang, Perak prefer?

Leasehold is the most frequently transacted tenure, accounting for 12 of 16 recorded transactions. Sales volume alone does not establish buyer preference.

How do residential and commercial prices compare in Kampung Baru Simpang, Larut Matang, Perak?

Residential properties in Kampung Baru Simpang, Larut Matang, Perak transacted at a median price of RM 245,000 across 13 sales, while commercial and industrial properties transacted at a median of RM 550,000 across 3 sales. A median is unavailable when no usable prices are recorded.

What are the most active or dominant property sub-sectors in Kampung Baru Simpang, Larut Matang, Perak?

1 - 1 1/2 Storey Terraced accounts for the most recorded transactions (6). This identifies the most active category in this dataset; it does not by itself prove sustained demand or liquidity.

How reliable is this data, and can I rely on it to make a decision for my next property purchase?

These metrics are strictly for personal reference, market comparison, and informational purposes only. They are calculated from the imported transaction database; attribution to official sources such as NAPIC/JPPH should be independently verified. They are not professional financial, legal, or real estate investment advice. Property values can vary with individual unit condition, facing, floor level, renovation quality, and changing market dynamics. Always perform independent due diligence, consult a licensed real estate agent or registered valuer, and assess your personal financial position before making a property purchase or investment commitment.

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How to read these figures

Medians use all positive recorded prices in the stated period, without removing outliers. PSF is calculated per transaction using land/parcel area in square feet, falling back to main floor area when land area is unavailable. Records without a usable price or area do not contribute to the respective median.

Capital gain/loss compares the first and latest recorded month's median price. It measures changes in the mix of properties sold, not the return on a specific property. A single priced month is reported as not available. Blank district, area and scheme names are excluded from named counts and rankings. District rankings retain state identity; area rankings retain district identity and combine case-only area-name variants.

State assignments use the existing district/area mapping and may need verification. Areas represent administrative sub-districts. Date ranges use the recorded month and year; undated records remain in overall totals but not dated trends. Analytics are cached for up to five minutes and refreshed when the database file changes.

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