KAWASAN JALAN PERAK

KAWASAN JALAN PERAK in Timur Laut, Penang recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.35 million and a median price per square foot (PSF) of RM 986.

This area contains both residential and commercial properties. View 1 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 986, with most transactions between RM 986 and RM 986. The usual range is RM 543.50 to RM 1,428.50, showing that most units are priced quite close to each other. With an IQR of RM 885.00 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.