JALAN PERAK

Area Intelligence

2022

Median Price

RM 18,000,000

PSF: RM 439

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Residential PSF Trends

Median Price

RM 18,000,000

PSF: RM 439

JALAN PERAK in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 18.00 million and a median price per square foot (PSF) of RM 439.

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

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

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

For price per square foot, the median is RM 439, with most transactions between RM 439 and RM 439. The usual range is RM 371.50 to RM 506.50, showing that most units are priced quite close to each other. With an IQR of RM 135.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN PERAK, Timur Laut, Penang

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