Area Intelligence

BANDAR GERIK

7 properties
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Median Price
RM 400,000
PSF: RM 262

Commercial Market

Median Price

RM 400,000

IQR: RM 215
MAD: RM 62
RM 262 PSF 12.2%

PSF Trends (2021-2025)

BANDAR GERIK in Hulu Perak, Perak recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 400K and a median price per square foot (PSF) of RM 262.

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 400K, with most transactions falling within a stable range of RM 360K to RM 440K, and a typical market range of RM 360K to RM 603K.

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

Price per square foot shows a median of RM 262, though individual units vary from RM 200 to RM 324 in the core range. The broader market spans RM 154.75 to RM 369.25, indicating diverse property characteristics. The spread of RM 214.50 (IQR) and deviation of RM 62 (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.

Area Location

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BANDAR GERIK, Hulu Perak, Perak

OSM

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Transactions

7 properties grouped by size

1,500 sqft
1 units 3-Storey Storey Shop
RM 390,000
JALAN SULTAN ISKANDAR
1,488 sqft · RM 262.00 PSF
Jun 2023
1,600 sqft
3 units
RM 800,000
4-Storey Storey Shop JLN SULTAN ISKANDAR
1,600 sqft · RM 500.00 PSF
May 2024
RM 800,000
4-Storey Storey Shop JLN SUTAN ISKANDAR
1,600 sqft · RM 500.00 PSF
May 2024
RM 360,000
3-Storey Storey Shop JALAN SULTAN ISKANDAR
1,600 sqft · RM 225.00 PSF
Jun 2023
2,000 sqft
2 units Double Storey Shop
RM 400,000
JLN TAKONG DATOK
2,002 sqft · RM 200.00 PSF
Aug 2022
RM 400,000
JLN TAKONG DATUK
2,002 sqft · RM 200.00 PSF
Jun 2022
2,250 sqft
1 units Double Storey Shop
RM 800,000
JALAN MAT SAMAN UTAMA
2,260 sqft · RM 354.00 PSF
Jul 2021