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Jalan Perak
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM485,000
RM386 psfMedian transaction price
Jln Perak, Pulau Pinang, Malaysia
MapsJalan Perak in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM485K and a median price per square foot (PSF) of RM386.
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 RM485K, with most transactions falling within a stable range of RM275K to RM695K, and a typical market range of RM146K to RM824K.
Most transactions involved cluster house, with high diversity across multiple property types.
Price per square foot shows a median of RM386, though individual units vary from RM298 to RM473 in the core range. The broader market spans RM309.63 to RM461.38, indicating diverse property characteristics. The spread of RM151.75 (IQR) and deviation of RM88 (MAD) suggest moderate price variations reflecting different property features.
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.