JALAN PERAK

JALAN PERAK in Timur Laut, Penang recorded 4 Cluster House properties subsale transactions between 2021 and 2025 for cluster house properties, with a median price of RM 315K and a median price per square foot (PSF) of RM 300.

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 RM 315K, with most transactions falling within a stable range of RM 277K to RM 350K, and a typical market range of RM 250K to RM 350K.

Within the Cluster House category, cluster house dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 300, with core pricing between RM 257 and RM 342. Market pricing typically extends from RM 232.00 to RM 367.00, reflecting moderate variation in unit pricing. With an IQR of RM 135.00 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.