PEKAN BARU

PEKAN BARU in Hilir Perak, Perak recorded 4 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 107.

This area contains both residential and commercial properties. View 7 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 259K to RM 341K, and a typical market range of RM 250K to RM 365K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 107, though individual units vary from RM 82 to RM 132 in the core range. The broader market spans RM 80.75 to RM 133.25, indicating diverse property characteristics. The spread of RM 52.50 (IQR) and deviation of RM 25 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.