Plaza Sri Perak

60, Jln Perak, Jelutong, 11600 Jelutong, Pulau Pinang, Malaysia

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Selling in Plaza Sri Perak? Homes here sold for a median of RM655,000.

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Market Snapshot

Commercial

RM655,000

RM478 psf

Median transaction price

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60, Jln Perak, Jelutong, 11600 Jelutong, Pulau Pinang, Malaysia

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Plaza Sri Perak in Timur Laut, Penang recorded 0 subsale transactions in 2024, with a median price of RM655K and a median price per square foot (PSF) of RM478.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM655K, with most transactions falling within a stable range of RM535K to RM775K, and a typical market range of RM543K to RM768K.

Most transactions involved office lot, with minimal variety in property types.

The median PSF stands at RM478, with core pricing between RM401 and RM555. Market pricing typically extends from RM406.88 to RM549.13, reflecting moderate variation in unit pricing. The spread of RM142.25 (IQR) and deviation of RM77 (MAD) suggest moderate price variations reflecting different property features.

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.