KAWASAN JALAN PERAK

KAWASAN JALAN PERAK in Timur Laut, Penang recorded 4 Bungalow properties subsale transactions between 2021 and 2025 for bungalow properties, with a median price of RM 2.74 million and a median price per square foot (PSF) of RM 877.

This area contains both residential and commercial properties. View 4 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.74 million, with most transactions falling within a stable range of RM 187K to RM 5.25 million, and a typical market range of RM 1.18 million to RM 4.29 million.

Within the Bungalow category, detached dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 877, though individual units vary from RM 470 to RM 1,284 in the core range. The broader market spans RM 620.00 to RM 1,134.00, indicating diverse property characteristics. A wider spread (IQR: RM 514.00) and deviation (MAD: RM 407) indicate significant PSF variations, likely due to diverse property types or conditions.

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.