Area Intelligence

PEKAN BARU

6 properties
Double Storey Shop
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Median Price
RM 427,500
PSF: RM 302

Residential Market

Median Price

RM 230,000

IQR: RM 58
MAD: RM 31
RM 202 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 6 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 428K and a median price per square foot (PSF) of RM 302.

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 428K, with most transactions falling within a stable range of RM 377K to RM 478K, and a typical market range of RM 378K to RM 478K.

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

Price per square foot shows a median of RM 302, though individual units vary from RM 240 to RM 364 in the core range. The broader market spans RM 259.50 to RM 344.50, indicating diverse property characteristics. The spread of RM 85.00 (IQR) and deviation of RM 62 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN BARU, Kerian, Perak

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Transactions

6 properties grouped by size

1,400 sqft
5 units Double Storey Shop
RM 430,000
JALAN SERINDIT
1,399 sqft · RM 307.00 PSF
Jun 2024
RM 425,000
JALAN HELANG
1,399 sqft · RM 304.00 PSF
May 2024
RM 420,000
JALAN HELANG
1,399 sqft · RM 300.00 PSF
Nov 2023
RM 450,000
JALAN HELANG
1,399 sqft · RM 322.00 PSF
Sep 2023
RM 330,000
JALAN PEKALIA
1,399 sqft · RM 236.00 PSF
Sep 2023
3,450 sqft
1 units Double Storey Shop
RM 500,000
JALAN SERINDIT
3,444 sqft · RM 145.00 PSF
May 2024