PEKAN BARU

Area Intelligence

2022

Median Price

RM 387,500

PSF: RM 160

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Residential PSF Trends

Median Price

RM 320,000

PSF: RM 114

Commercial PSF Trends

Median Price

RM 620,000

RM 430 PSF

PEKAN BARU in Hilir Perak, Perak recorded 12 subsale transactions in 2022, with a median price of RM 388K and a median price per square foot (PSF) of RM 160.

This area contains both residential and commercial properties. View 7 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 388K, with most transactions falling within a stable range of RM 180K to RM 608K, and a typical market range of RM 238K to RM 538K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 160, though individual units vary from RM 12 to RM 307 in the core range. The broader market spans RM 133.25 to RM 185.75, indicating diverse property characteristics. A wider spread (IQR: RM 52.50) and deviation (MAD: RM 148) 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.

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PEKAN BARU, Hilir Perak, Perak

OSM

Track location

Transactions

12 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 455,000

LORONG EMAS

2,799 sqft • RM 163.00 PSF

Dec 2022

RM 250,000

PEKAN BARU

1,604 sqft • RM 156.00 PSF

Dec 2022

RM 900,000

LORONG EMAS L2/2

11,173 sqft • RM 81.00 PSF

Dec 2022

RM 180,000

LORONG EMAS L2/22

1,604 sqft • RM 112.00 PSF

Sep 2022

RM 320,000

LORONG EMAS L2/9

2,799 sqft • RM 114.00 PSF

Aug 2022

RM 320,000

PEKAN BARU

2,799 sqft • RM 114.00 PSF

Aug 2022

RM 700,000

LORONG 1

1,442 sqft • RM 485.00 PSF

Jun 2022

RM 700,000

LORONG 1

1,442 sqft • RM 485.00 PSF

May 2022

RM 270,000

LORONG EMAS L2/23

1,604 sqft • RM 168.00 PSF

Apr 2022

RM 620,000

LORONG 1

1,442 sqft • RM 430.00 PSF

Mar 2022

RM 600,000

LORONG EMAS L2/2

5,403 sqft • RM 111.00 PSF

Mar 2022

RM 280,000

PEKAN BARU

1,604 sqft • RM 175.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
LORONG EMAS	RM 455,000	RM 163.00	2,799 sqft	Dec 2022	Single Storey Semi-D
PEKAN BARU	RM 250,000	RM 156.00	1,604 sqft	Dec 2022	Double Storey Shop
LORONG EMAS L2/2	RM 900,000	RM 81.00	11,173 sqft	Dec 2022	Bungalow
LORONG EMAS L2/22	RM 180,000	RM 112.00	1,604 sqft	Sep 2022	Single Storey Terraced
LORONG EMAS L2/9	RM 320,000	RM 114.00	2,799 sqft	Aug 2022	Single Storey Semi-D
PEKAN BARU	RM 320,000	RM 114.00	2,799 sqft	Aug 2022	Single Storey Semi-D
LORONG 1	RM 700,000	RM 485.00	1,442 sqft	Jun 2022	3-Storey Shop
LORONG 1	RM 700,000	RM 485.00	1,442 sqft	May 2022	3-Storey Shop
LORONG EMAS L2/23	RM 270,000	RM 168.00	1,604 sqft	Apr 2022	Single Storey Terraced
LORONG 1	RM 620,000	RM 430.00	1,442 sqft	Mar 2022	3-Storey Shop
LORONG EMAS L2/2	RM 600,000	RM 111.00	5,403 sqft	Mar 2022	Bungalow
PEKAN BARU	RM 280,000	RM 175.00	1,604 sqft	Jan 2022	Double Storey Shop