Kawasan Jalan Perak in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM1.88 million and a median price per square foot (PSF) of RM1,129.

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 RM1.88 million, with most transactions falling within a stable range of RM1.15 million to RM2.60 million, and a typical market range of RM1.51 million to RM2.24 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM1,129, though individual units vary from RM868 to RM1,389 in the core range. The broader market spans RM998.48 to RM1,258.98, indicating diverse property characteristics. The spread of RM260.50 (IQR) and deviation of RM261 (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.