PEKAN BARU

PEKAN BARU in Kerian, Perak recorded 3 subsale transactions in 2021, with a median price of RM 200K and a median price per square foot (PSF) of RM 202.

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 200K, with most transactions falling within a stable range of RM 170K to RM 233K, and a typical market range of RM 170K to RM 250K.

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

Price per square foot shows a median of RM 202, though individual units vary from RM 157 to RM 247 in the core range. The broader market spans RM 159.50 to RM 244.50, indicating diverse property characteristics. The spread of RM 85.00 (IQR) and deviation of RM 45 (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.