Kawasan Jalan Perak in Timur Laut, Penang recorded 4 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM2.74 million and a median price per square foot (PSF) of RM449.

This area contains both residential and commercial properties. View 4 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM2.74 million, with most transactions falling within a stable range of RM187K to RM5.25 million, and a typical market range of RM1.18 million to RM4.29 million.

Within the Bungalow category, detached dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM449, though individual units vary from RM12 to RM887 in the core range. The broader market spans RM192.42 to RM706.42, indicating diverse property characteristics. A wider spread (IQR: RM514.00) and deviation (MAD: RM438) 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.