Jalan Perak

Jln Perak, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
950 sqft
Cluster
RM250,000
Pintasan Makloom 2
947 sqft · RM264 PSF
1,250 sqft
Cluster
RM300,000
Pintasan Makloom 1
1,227 sqft · RM244 PSF
1,900 sqft
2-Sty Terrace
RM900,000
Persiaran Perak
1,884 sqft · RM478 PSF
41,000 sqft
Bungalow
RM18,000,000
Jalan Logan
41,000 sqft · RM439 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM600,000

RM351 psf

Median transaction price

Jalan Perak
© OpenStreetMap · CARTO

Jln Perak, Pulau Pinang, Malaysia

Maps

Jalan Perak in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM600K and a median price per square foot (PSF) of RM351.

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 RM600K, with most transactions falling within a stable range of RM250K to RM8.19 million, and a typical market range of RM261K to RM939K.

Most transactions involved cluster house, with high diversity across multiple property types.

Price per square foot shows a median of RM351, though individual units vary from RM248 to RM455 in the core range. The broader market spans RM275.61 to RM427.36, indicating diverse property characteristics. A wider spread (IQR: RM151.75) and deviation (MAD: RM103) indicate significant PSF variations, likely due to diverse property types or conditions.

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.