Area Intelligence

PEKAN LANGKAP

2 properties
Double Storey Shop
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Median Price
RM 637,500
PSF: RM 405

Commercial Market

Median Price

RM 637,500

IQR: RM 149
MAD: RM 35
RM 405 PSF 16.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN LANGKAP in Hilir Perak, Perak recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 638K and a median price per square foot (PSF) of RM 405.

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 638K, with most transactions falling within a stable range of RM 600K to RM 675K, and a typical market range of RM 600K to RM 675K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 405, with most transactions between RM 387 and RM 422. The usual range is RM 330.25 to RM 478.75, showing that most units are priced quite close to each other. With an IQR of RM 148.50 and MAD of RM 18, 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. Moderate price stability provides a balanced market for both buyers and sellers. 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

2 properties grouped by size

1,550 sqft
1 units Double Storey Shop
RM 600,000
PEKAN LANGKAP
1,550 sqft · RM 387.00 PSF
Aug 2024
1,600 sqft
1 units Double Storey Shop
RM 675,000
JALAN BESAR
1,600 sqft · RM 422.00 PSF
Aug 2022