PEKAN BARU

PEKAN BARU in Hilir Perak, Perak recorded 4 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 700K and a median price per square foot (PSF) of RM 485.

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 700K, with most transactions falling within a stable range of RM 620K to RM 835K, and a typical market range of RM 620K to RM 850K.

Within the 3-Storey Storey Shop category, 1 - 1 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 485, with core pricing between RM 433 and RM 537. Market pricing typically extends from RM 458.75 to RM 511.25, reflecting moderate variation in unit pricing. With an IQR of RM 52.50 and MAD of RM 52, 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.