Area Intelligence

TMN SEMARAK (GERIK)

4 properties
2024
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Median Price
RM 360,000
PSF: RM 247

Residential Market

Median Price

RM 255,000

IQR: RM 58
MAD: RM 26
RM 175 PSF 3.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 650,000

IQR: RM 56
MAD: RM 22
RM 380 PSF 12.1%

PSF Trends (2021-2025)

TMN SEMARAK (GERIK) in Hulu Perak, Perak recorded 4 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 247.

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 360K, with most transactions falling within a stable range of RM 240K to RM 603K, and a typical market range of RM 240K to RM 545K.

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 247, though individual units vary from RM 130 to RM 364 in the core range. The broader market spans RM 174.50 to RM 319.50, indicating diverse property characteristics. A wider spread (IQR: RM 145.00) and deviation (MAD: RM 117) 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

4 properties grouped by size

1,400 sqft
1 units Single Storey Terraced
RM 270,000
JALAN SEMARAK 12
1,399 sqft · RM 193.00 PSF
Sep 2024
1,500 sqft
1 units Double Storey Shop
RM 450,000
JLN SEMARAK 1
1,496 sqft · RM 301.00 PSF
Jan 2024
1,550 sqft
1 units Single Storey Terraced
RM 240,000
JALAN SEMARAK 6
1,539 sqft · RM 156.00 PSF
Apr 2024
1,850 sqft
1 units 3-Storey Storey Shop
RM 850,000
JALAN SEMARAK 1
1,858 sqft · RM 458.00 PSF
Nov 2024