Area Intelligence

BANDAR GERIK

2 properties
3-Storey Storey Shop
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Median Price
RM 375,000
PSF: RM 244

Commercial Market

Median Price

RM 375,000

IQR: RM 215
MAD: RM 62
RM 244 PSF 12.2%

PSF Trends (2021-2025)

BANDAR GERIK in Hulu Perak, Perak recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 375K and a median price per square foot (PSF) of RM 244.

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 375K, with most transactions falling within a stable range of RM 360K to RM 390K, and a typical market range of RM 360K to RM 390K.

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

For price per square foot, the median is RM 244, with most transactions between RM 225 and RM 262. The usual range is RM 136.25 to RM 350.75, showing that most units are priced quite close to each other. With an IQR of RM 214.50 and MAD of RM 19, 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. 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

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Transactions

2 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
1 units 3-Storey Storey Shop
RM 360,000
JALAN SULTAN ISKANDAR
1,600 sqft · RM 225.00 PSF
Jun 2023