Area Intelligence

PEKAN BARU

11 properties
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Median Price
RM 250,000
PSF: RM 209

Residential Market

Median Price

RM 250,000

IQR: RM 58
MAD: RM 31
RM 209 PSF 4.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 427,500

IQR: RM 54
MAD: RM 13
RM 302 PSF 1.3%

PSF Trends (2021-2025)

PEKAN BARU in Kerian, Perak recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 250K and a median price per square foot (PSF) of RM 209.

This area contains both residential and commercial properties. View 36 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 203K to RM 297K, and a typical market range of RM 200K to RM 300K.

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

The median PSF stands at RM 209, with core pricing between RM 170 and RM 248. Market pricing typically extends from RM 166.50 to RM 251.50, reflecting moderate variation in unit pricing. The spread of RM 85.00 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.

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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PEKAN BARU, Kerian, Perak

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Transactions

11 properties found

Double Storey Terraced JALAN BANGAU
RM 290,000
1,195 sqft Dec 2023
RM 243.00 PSF
Double Storey Terraced JALAN BANGAU
RM 280,000
1,195 sqft Nov 2023
RM 234.00 PSF
Single Storey Terraced JALAN TIONG
RM 180,000
1,200 sqft Oct 2023
RM 150.00 PSF
Double Storey Terraced JALAN MURAI
RM 275,000
1,195 sqft Oct 2023
RM 230.00 PSF
Double Storey Terraced JALAN MURAI
RM 310,000
1,195 sqft Jul 2023
RM 259.00 PSF
Double Storey Terraced JALAN MERBUK
RM 200,000
1,206 sqft Feb 2023
RM 166.00 PSF
Double Storey Terraced JALAN MURAI
RM 300,000
1,195 sqft Jan 2023
RM 251.00 PSF
Double Storey Terraced JALAN TEKUKUR
RM 240,000
1,195 sqft Nov 2022
RM 201.00 PSF
Double Storey Terraced JALAN TEKUKUR
RM 220,000
1,195 sqft Apr 2022
RM 184.00 PSF
Single Storey Terraced JLN TIONG
RM 250,000
1,195 sqft Mar 2022
RM 209.00 PSF
Single Storey Terraced JLN PIPIT
RM 170,000
1,195 sqft Dec 2021
RM 142.00 PSF