Area Intelligence

PEKAN BAGAN SERAI

3 properties
2022
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Median Price
RM 775,000
PSF: RM 483

Commercial Market

Median Price

RM 775,000

IQR: RM 73
MAD: RM 7
RM 483 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN BAGAN SERAI in Kerian, Perak recorded 3 subsale transactions in 2022, with a median price of RM 775K and a median price per square foot (PSF) of RM 483.

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 775K, with most transactions falling within a stable range of RM 669K to RM 775K, and a typical market range of RM 719K to RM 775K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 483, with core pricing between RM 416 and RM 550. Market pricing typically extends from RM 446.50 to RM 519.50, reflecting moderate variation in unit pricing. With an IQR of RM 73.00 and MAD of RM 67, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN BAGAN SERAI, Kerian, Perak

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Transactions

3 properties grouped by size

1,600 sqft
3 units
RM 775,000
3-Storey Storey Shop JALAN SIAKAP
1,582 sqft · RM 490.00 PSF
Aug 2022
RM 775,000
3-Storey Storey Shop JALAN SIAKAP
1,604 sqft · RM 483.00 PSF
Aug 2022
RM 550,000
Double Storey Shop JLN SIAKAP 1
1,600 sqft · RM 344.00 PSF
Apr 2022