JALAN PERAK

JALAN PERAK in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 290K and a median price per square foot (PSF) of RM 303.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 290K, with most transactions falling within a stable range of RM 250K to RM 330K, and a typical market range of RM 250K to RM 330K.

Most transactions involved cluster house, with high diversity across multiple property types.

The median PSF stands at RM 303, with core pricing between RM 264 and RM 341. Market pricing typically extends from RM 235.00 to RM 370.00, reflecting moderate variation in unit pricing. With an IQR of RM 135.00 and MAD of RM 39, 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.