Area Intelligence

PEKAN SELAMA

2 properties
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Median Price
RM 1,525,000
PSF: RM 182

Commercial Market

Median Price

RM 1,525,000

IQR: RM 90
MAD: RM 90
RM 182 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN SELAMA in Selama, Perak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.53 million and a median price per square foot (PSF) of RM 182.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.53 million, with most transactions falling within a stable range of RM 850K to RM 2.20 million, and a typical market range of RM 1.19 million to RM 1.86 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 182, though individual units vary from RM 92 to RM 271 in the core range. The broader market spans RM 136.75 to RM 226.25, indicating diverse property characteristics. A wider spread (IQR: RM 89.50) and deviation (MAD: RM 90) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN SELAMA, Selama, Perak

OSM

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Transactions

2 properties grouped by size

3,150 sqft
1 units Double Storey Shop
RM 850,000
JALAN BESAR
3,131 sqft · RM 271.00 PSF
Sep 2024
23,850 sqft
1 units 3-Storey Storey Shop
RM 2,200,000
JALAN SRI CHULAN
23,874 sqft · RM 92.00 PSF
Apr 2024