JALAN PERAK

1 properties

2021

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Median Price

RM 1,890,000

PSF: RM 726

Residential Market

Median Price

RM 1,890,000

IQR: RM 363

MAD: RM 363

RM 726 PSF 96.3%

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 1 subsale transactions in 2021, with a median price of RM 1.89 million and a median price per square foot (PSF) of RM 726.

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

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

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 726, with most transactions between RM 726 and RM 726. The usual range is RM 544.75 to RM 907.25, showing that most units are priced quite close to each other. With an IQR of RM 362.50 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.