JALAN PERAK in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 900K and a median price per square foot (PSF) of RM 430.
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 900K, with most transactions falling within a stable range of RM 800K to RM 1.00 million, and a typical market range of RM 678K to RM 1.12 million.
Most transactions involved cluster house, with high diversity across multiple property types.
Price per square foot shows a median of RM 430, though individual units vary from RM 341 to RM 519 in the core range. The broader market spans RM 362.50 to RM 497.50, indicating diverse property characteristics. The spread of RM 135.00 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.
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.
