JALAN PERAK
Residential Market
Median Price
RM 620,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Cluster House
4 properties
Median Price
RM 307,500
+11.2% CAGR
Median PSF
RM 296.00
+15.4% CAGR
Double Storey Terraced
2 properties
Median Price
RM 1,395,000
-52.4% CAGR
Median PSF
RM 578.00
-40.8% CAGR
Detached
2 properties
Median Price
RM 9,037,500
-99.6% CAGR
Median PSF
RM 220.00
-99.8% CAGR
Single Storey Terraced
1 properties
Median Price
RM 620,000
Median PSF
RM 559.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Cluster House | 4 |
RM 307,500
±33K MAD
|
+11.19% |
RM 296.00
±42 MAD
|
+15.36% | |
| Double Storey Terraced | 2 |
RM 1,395,000
±495K MAD
|
-52.38% |
RM 578.00
±148 MAD
|
-40.77% | |
| Detached | 2 |
RM 9,037,500
±8,963K MAD
|
-99.58% |
RM 220.00
±219 MAD
|
-99.77% | |
| Single Storey Terraced | 1 |
RM 620,000
|
- |
RM 559.00
|
- |
JALAN PERAK in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 620K and a median price per square foot (PSF) of RM 559.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved cluster house, with high diversity across multiple property types.
For price per square foot, the median is RM 559, with most transactions between RM 559 and RM 559. The usual range is RM 491.50 to RM 626.50, showing that most units are priced quite close to each other. With an IQR of RM 135.00 and MAD of RM 0, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LRG SEREMBAN
|
RM 620,000
|
RM 559.00
|
1,109 sqft
|
Jul 2023
|