PEKAN BARU

PEKAN BARU in Hilir Perak, Perak recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 250K and a median price per square foot (PSF) of RM 156.

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 250K, with most transactions falling within a stable range of RM 234K to RM 266K, and a typical market range of RM 230K to RM 280K.

Within the Double Storey Shop category, 1 - 1 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 156, with most transactions between RM 146 and RM 166. The usual range is RM 129.75 to RM 182.25, showing that most units are priced quite close to each other. With an IQR of RM 52.50 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

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.