Area Intelligence

PEKAN BARU

3 properties
Single Storey Terraced
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Median Price
RM 180,000
PSF: RM 150

Residential Market

Median Price

RM 180,000

IQR: RM 58
MAD: RM 31
RM 150 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 3 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 180K and a median price per square foot (PSF) of RM 150.

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 180K, with most transactions falling within a stable range of RM 170K to RM 216K, and a typical market range of RM 170K to RM 230K.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 150, with core pricing between RM 120 and RM 180. Market pricing typically extends from RM 107.50 to RM 192.50, reflecting moderate variation in unit pricing. The spread of RM 85.00 (IQR) and deviation of RM 30 (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

3 properties grouped by size

1,200 sqft
3 units Single Storey Terraced
RM 180,000
JALAN TIONG
1,200 sqft · RM 150.00 PSF
Oct 2023
RM 250,000
JLN TIONG
1,195 sqft · RM 209.00 PSF
Mar 2022
RM 170,000
JLN PIPIT
1,195 sqft · RM 142.00 PSF
Dec 2021