KAWASAN JALAN PERAK
Commercial Market
Median Price
RM 1,150,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
3 properties
Median Price
RM 1,562,500
-16.5% CAGR
Median PSF
RM 844.75
-16.3% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 2,300,000
Median PSF
RM 1,770.00
Detached
1 properties
Median Price
RM 90,000
Median PSF
RM 0.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 3 |
RM 1,562,500
±413K MAD
|
-16.50% |
RM 844.75
±221 MAD
|
-16.34% | |
| 3-Storey Storey Shop | 1 |
RM 2,300,000
|
- |
RM 1,770.00
|
- | |
| Detached | 1 |
RM 90,000
|
- |
RM 0.00
|
- |
KAWASAN JALAN PERAK in Timur Laut, Penang recorded 1 subsale transactions in 2025, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 624.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 624, with most transactions between RM 624 and RM 624. The usual range is RM 493.75 to RM 754.25, showing that most units are priced quite close to each other. With an IQR of RM 260.50 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN PERAK
|
RM 1,150,000
|
RM 624.00
|
1,843 sqft
|
Feb 2025
|