Area Intelligence

BANDAR GERIK

2 properties
2024
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Median Price
RM 800,000
PSF: RM 500

Commercial Market

Median Price

RM 800,000

IQR: RM 215
MAD: RM 62
RM 500 PSF 12.2%

PSF Trends (2021-2025)

BANDAR GERIK in Hulu Perak, Perak recorded 2 subsale transactions in 2024, with a median price of RM 800K and a median price per square foot (PSF) of RM 500.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 500, with most transactions between RM 500 and RM 500. The usual range is RM 392.75 to RM 607.25, showing that most units are priced quite close to each other. With an IQR of RM 214.50 and MAD of RM 0, 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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BANDAR GERIK, Hulu Perak, Perak

OSM

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Transactions

2 properties grouped by size

1,600 sqft
2 units 4-Storey Storey Shop
RM 800,000
JLN SULTAN ISKANDAR
1,600 sqft · RM 500.00 PSF
May 2024
RM 800,000
JLN SUTAN ISKANDAR
1,600 sqft · RM 500.00 PSF
May 2024