Property Type
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Market Snapshot
RM 260,000
RM 137 psfMedian transaction price
RM 255,000
RM 135 psfMedian transaction price
Pekan Baru, Hilir Perak, Perak
Pekan Baru in Hilir Perak, Perak recorded 2 subsale transactions between 2021 and 2026, sized between 1,875 and 1,924 sqft, with a median price of RM 255K and a median price per square foot (PSF) of RM 135.
This area contains both residential and commercial properties. View 8 residential properties or 9 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 255K, with most transactions falling within a stable range of RM 230K to RM 280K, and a typical market range of RM 230K to RM 280K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
For price per square foot, the median is RM 135, with most transactions between RM 122 and RM 149. The usual range is RM 110.87 to RM 159.87, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
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.