Residential Market
Median Price
RM 982,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Cluster House
4 properties
Median Price
RM 307,500
+11.2% CAGR
Median PSF
RM 296.00
+15.4% CAGR
Double Storey Terraced
2 properties
Median Price
RM 1,395,000
-52.4% CAGR
Median PSF
RM 578.00
-40.8% CAGR
Detached
2 properties
Median Price
RM 9,037,500
-99.6% CAGR
Median PSF
RM 220.00
-99.8% CAGR
Single Storey Terraced
1 properties
Median Price
RM 620,000
Median PSF
RM 559.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Cluster House | 4 |
RM 307,500
±33K MAD
|
+11.19% |
RM 296.00
±42 MAD
|
+15.36% | |
| Double Storey Terraced | 2 |
RM 1,395,000
±495K MAD
|
-52.38% |
RM 578.00
±148 MAD
|
-40.77% | |
| Detached | 2 |
RM 9,037,500
±8,963K MAD
|
-99.58% |
RM 220.00
±219 MAD
|
-99.77% | |
| Single Storey Terraced | 1 |
RM 620,000
|
- |
RM 559.00
|
- |
JALAN PERAK in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 983K and a median price per square foot (PSF) of RM 364.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 983K, with most transactions falling within a stable range of RM 75K to RM 1.89 million, and a typical market range of RM 529K to RM 1.44 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 364, though individual units vary from RM 1 to RM 726 in the core range. The broader market spans RM 182.25 to RM 544.75, indicating diverse property characteristics. A wider spread (IQR: RM 362.50) and deviation (MAD: RM 363) 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.