Gerik Business Centre

Perak, Hulu Perak, Bandar Gerik

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Selling in Gerik Business Centre? Homes here sold for a median of RM480,000.

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Gerik Business Centre in Hulu Perak, Perak recorded 0 subsale transactions in 2021, with a median price of RM480K and a median price per square foot (PSF) of RM299.

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 RM480K, with most transactions falling within a stable range of RM400K to RM560K, and a typical market range of RM435K to RM525K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM299, with core pricing between RM249 and RM349. Market pricing typically extends from RM270.75 to RM327.25, reflecting moderate variation in unit pricing. The spread of RM56.50 (IQR) and deviation of RM50 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.