Simpang, Larut Matang, Perak property prices
Transactions from July 2021 to May 2026
Totals for Simpang, Larut Matang, Perak only. Properties sold counts distinct developments, not individual units.
Browse all in Simpang, Larut Matang, Perak
Simpang, Larut Matang, Perak property prices: key facts
- Median Transacted Price
- RM 318,000
- Median Price PSF
- RM 185.81
- Most Preferred Tenure
- Freehold
- Most Transacted Property Type
- 1 - 1 1/2 Storey Terraced
- Most Transacted Property
- Tmn Matang Damai
- Most Properties Sold In
- October 2024 (9 Sales)
- Low-Cost / Affordable Sold
- 33 (Up To RM 300,000)
- Medium-Cost / Mid-Market Sold
- 57 (Above RM 300,000 To RM 800,000)
- Luxury / High-End Sold
- 0 (Above RM 800,000 To RM 2,500,000)
- Ultra-Luxury Sold
- 1 (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 transaction price and PSF
Monthly medians from July 2021 to May 2026. Price uses the left axis; RM/sqft uses the right axis.
The monthly chart requires JavaScript. All values are available in the table below.
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| Month | Median price | Median RM/sqft | Total transactions |
|---|---|---|---|
| May 2026 | RM 285,000 | RM 185.07 | 1 |
| March 2026 | RM 265,000 | RM 180.28 | 2 |
| October 2025 | RM 318,000 | RM 222.13 | 3 |
| July 2025 | RM 299,000 | RM 189.55 | 2 |
| May 2025 | RM 190,000 | RM 197.93 | 1 |
| April 2025 | RM 288,000 | RM 187.11 | 3 |
| February 2025 | RM 270,500 | RM 189.01 | 4 |
| January 2025 | RM 288,000 | RM 187.11 | 3 |
| November 2024 | RM 399,000 | RM 161.25 | 2 |
| October 2024 | RM 276,000 | RM 187.87 | 9 |
| September 2024 | RM 299,500 | RM 187.84 | 6 |
| August 2024 | RM 323,000 | RM 183.17 | 7 |
| July 2024 | RM 356,000 | RM 165.08 | 5 |
| May 2024 | RM 366,000 | RM 183.56 | 4 |
| April 2024 | RM 410,000 | RM 127.39 | 1 |
| March 2024 | RM 448,000 | RM 202.05 | 3 |
| February 2024 | RM 464,500 | RM 178.42 | 2 |
| December 2023 | RM 357,500 | RM 164.27 | 4 |
| November 2023 | RM 200,000 | RM 151.06 | 1 |
| October 2023 | RM 330,000 | RM 235.83 | 1 |
| September 2023 | RM 443,500 | RM 166.71 | 2 |
| August 2023 | RM 299,500 | RM 194.58 | 2 |
| July 2023 | RM 391,000 | RM 144.72 | 3 |
| June 2023 | RM 367,500 | RM 152.85 | 2 |
| May 2023 | RM 317,000 | RM 184.03 | 6 |
| March 2023 | RM 300,000 | RM 175.29 | 1 |
| November 2022 | RM 325,000 | RM 153.91 | 2 |
| September 2022 | RM 410,000 | RM 293.00 | 1 |
| August 2022 | RM 370,000 | RM 132.21 | 1 |
| July 2022 | RM 385,000 | RM 138.09 | 4 |
| March 2022 | RM 325,000 | RM 81.17 | 1 |
| February 2022 | RM 378,000 | RM 135.07 | 1 |
| July 2021 | RM 330,000 | RM 117.92 | 1 |
Median price by year
| Year | Median price | Median RM/sqft | Total transactions |
|---|---|---|---|
| 2026 | RM 280,000 | RM 181.91 | 3 |
| 2025 | RM 288,000 | RM 189.31 | 16 |
| 2024 | RM 323,000 | RM 187.11 | 39 |
| 2023 | RM 315,500 | RM 178.12 | 22 |
| 2022 | RM 374,000 | RM 142.77 | 10 |
| 2021 | RM 330,000 | RM 117.92 | 1 |
Most Transacted Properties in Simpang, Larut Matang, Perak
| Property name | Property type | Total transactions | Median price | Median RM/sqft |
|---|---|---|---|---|
| TMN MATANG DAMAI | 1 - 1 1/2 Storey Terraced | 37 | RM 333,000 | RM 187.11 |
| TAMAN MATANG MURNI (PL 13411 - 13412) | 1 - 1 1/2 Storey Terraced | 32 | RM 288,000 | RM 187.11 |
| TMN SIMPANG AMAN | 1 - 1 1/2 Storey Terraced | 7 | RM 255,000 | RM 165.59 |
| TMN SIMPANG MUTIARA | 1 - 1 1/2 Storey Semi-Detached | 7 | RM 435,000 | RM 156.09 |
| TMN LAGENDA | 2 - 2 1/2 Storey Terraced | 6 | RM 315,000 | RM 198.31 |
| JLN SIMPANG | Detached Factory/Warehouse | 1 | RM 5,000,000 | RM 69.30 |
| RPT SUNGAI MATI | Detached | 1 | RM 325,000 | RM 81.17 |
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.
Simpang, Larut Matang, Perak Property Market Insight
Between July 2021 and May 2026, Simpang, Larut Matang, Perak recorded 91 property transactions within this area. The overall median transacted price stood at RM 318,000 (RM 185.81 PSF), serving as a practical benchmark for comparing localized values.
The market's upper bound reached RM 5,000,000 in simpang, whereas the lowest recorded sale was RM 190,000 in 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 Simpang, Larut Matang, Perak?
The median transacted property price in Simpang, Larut Matang, Perak is RM 318,000 (RM 185.81 per sq. ft.), based on 91 recorded sales from July 2021 to May 2026.
How much do high-rise properties cost in Simpang, Larut Matang, Perak?
No condominium or apartment transactions are available in the recorded period for Simpang, Larut Matang, Perak.
What type of tenure do buyers in Simpang, Larut Matang, Perak prefer?
Freehold is the most frequently transacted tenure, accounting for 88 of 91 recorded transactions. Sales volume alone does not establish buyer preference.
How do residential and commercial prices compare in Simpang, Larut Matang, Perak?
Residential properties in Simpang, Larut Matang, Perak transacted at a median price of RM 318,000 across 89 sales, while commercial and industrial properties transacted at a median of RM 2,715,000 across 2 sales. A median is unavailable when no usable prices are recorded.
What are the most active or dominant property sub-sectors in Simpang, Larut Matang, Perak?
1 - 1 1/2 Storey Terraced accounts for the most recorded transactions (58). 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.