Area Intelligence

PEKAN SELAMA

1 properties
Double Storey Shop
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Median Price
RM 850,000
PSF: RM 271

Commercial Market

Median Price

RM 850,000

IQR: RM 90
MAD: RM 90
RM 271 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN SELAMA in Selama, Perak recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 850K and a median price per square foot (PSF) of RM 271.

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

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 271, with most transactions between RM 271 and RM 271. The usual range is RM 226.25 to RM 315.75, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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

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Transactions

1 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