Area Intelligence

PEKAN LANGKAP

4 properties
2022
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Median Price
RM 600,000
PSF: RM 429

Commercial Market

Median Price

RM 600,000

IQR: RM 98
MAD: RM 55
RM 429 PSF 24.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN LANGKAP in Hilir Perak, Perak recorded 4 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 429.

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 RM 600K, with most transactions falling within a stable range of RM 565K to RM 635K, and a typical market range of RM 550K to RM 650K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 429, with core pricing between RM 382 and RM 476. Market pricing typically extends from RM 380.00 to RM 478.00, reflecting moderate variation in unit pricing. With an IQR of RM 98.00 and MAD of RM 47, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN LANGKAP, Hilir Perak, Perak

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Transactions

4 properties grouped by size

1,300 sqft
2 units Double Storey Shop
RM 600,000
JALAN CHUI CHAK
1,302 sqft · RM 461.00 PSF
Oct 2022
RM 600,000
JALAN CHUI CHAK
1,324 sqft · RM 453.00 PSF
Oct 2022
1,600 sqft
2 units Double Storey Shop
RM 650,000
JALAN KAMPAR
1,604 sqft · RM 405.00 PSF
Sep 2022
RM 550,000
JLN LANGKAP-CHUI CHAK
1,604 sqft · RM 343.00 PSF
Sep 2022