Area Intelligence

PUSAT BANDAR BARU BAGAN SERAI

3 properties
2023
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Median Price
RM 400,000
PSF: RM 286

Residential Market

Median Price

RM 310,000

IQR: RM 37
MAD: RM 23
RM 78 PSF 64.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 525,000

IQR: RM 44
MAD: RM 25
RM 295 PSF 5.2%

PSF Trends (2021-2025)

PUSAT BANDAR BARU BAGAN SERAI in Kerian, Perak recorded 3 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 286.

This area contains both residential and commercial properties. View 5 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 310K to RM 544K, and a typical market range of RM 340K to RM 460K.

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

Price per square foot shows a median of RM 286, though individual units vary from RM 184 to RM 388 in the core range. The broader market spans RM 259.00 to RM 313.00, indicating diverse property characteristics. A wider spread (IQR: RM 54.00) and deviation (MAD: RM 102) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT BANDAR BARU BAGAN SERAI, Kerian, Perak

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Transactions

3 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 400,000
PERSIARAN THAUPY 4
1,400 sqft · RM 286.00 PSF
Mar 2023
2,150 sqft
1 units Double Storey Shop
RM 650,000
PERSIARAN THAUPHY 4
2,143 sqft · RM 303.00 PSF
May 2023
4,000 sqft
1 units Detached
RM 310,000
LORONG SIAKAP
3,999 sqft · RM 78.00 PSF
Feb 2023