KAWASAN JALAN PERAK

KAWASAN JALAN PERAK in Timur Laut, Penang recorded 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 1,770.

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 3-Storey 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 1,770, with most transactions between RM 1,770 and RM 1,770. The usual range is RM 1,327.50 to RM 2,212.50, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.