Area Intelligence

TMN SEMARAK (GERIK)

5 properties
2023
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Median Price
RM 325,000
PSF: RM 158

Residential Market

Median Price

RM 300,000

IQR: RM 58
MAD: RM 26
RM 134 PSF 3.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 768,000

IQR: RM 56
MAD: RM 22
RM 447 PSF 12.1%

PSF Trends (2021-2025)

TMN SEMARAK (GERIK) in Hulu Perak, Perak recorded 5 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 158.

This area contains both residential and commercial properties. View 9 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 260K to RM 514K, and a typical market range of RM 260K to RM 510K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 158, though individual units vary from RM 27 to RM 289 in the core range. The broader market spans RM 85.50 to RM 230.50, indicating diverse property characteristics. A wider spread (IQR: RM 145.00) and deviation (MAD: RM 131) indicate significant PSF variations, likely due to diverse property types or conditions.

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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TMN SEMARAK (GERIK), Hulu Perak, Perak

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Transactions

5 properties grouped by size

1,500 sqft
1 units Single Storey Terraced
RM 275,000
JALAN SEMARAK 16
1,496 sqft · RM 184.00 PSF
Mar 2023
1,650 sqft
1 units Single Storey Terraced
RM 260,000
JALAN SEMARAK 5
1,647 sqft · RM 158.00 PSF
Oct 2023
1,700 sqft
1 units 3-Storey Storey Shop
RM 768,000
JALAN SEMARAK 1
1,717 sqft · RM 447.00 PSF
Jan 2023
3,200 sqft
1 units Single Storey Terraced
RM 350,000
JALAN SEMARAK 12
3,218 sqft · RM 109.00 PSF
May 2023
4,200 sqft
1 units Single Storey Terraced
RM 325,000
JALAN SEMARAK 12
4,187 sqft · RM 78.00 PSF
May 2023