Jalan Perak in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM620K and a median price per square foot (PSF) of RM559.

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 RM559, with most transactions between RM559 and RM559. The usual range is RM483.18 to RM634.94, showing that most units are priced quite close to each other. With an IQR of RM151.75 and MAD of RM0, 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.