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 grouped by size

1,200 sqft
11 units (showing 6)
RM 290,000
Double Storey Terraced JALAN BANGAU
1,195 sqft · RM 243.00 PSF
Dec 2023
RM 280,000
Double Storey Terraced JALAN BANGAU
1,195 sqft · RM 234.00 PSF
Nov 2023
RM 180,000
Single Storey Terraced JALAN TIONG
1,200 sqft · RM 150.00 PSF
Oct 2023
RM 275,000
Double Storey Terraced JALAN MURAI
1,195 sqft · RM 230.00 PSF
Oct 2023
RM 310,000
Double Storey Terraced JALAN MURAI
1,195 sqft · RM 259.00 PSF
Jul 2023
RM 200,000
Double Storey Terraced JALAN MERBUK
1,206 sqft · RM 166.00 PSF
Feb 2023