Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Emas L 2/21
|
RM 250,000
|
RM 156
|
1,604 sqft
|
|
|
Lorong Berlian 3
|
RM 250,000
|
RM 142
|
1,760 sqft
|
|
|
Lorong Emas L2/16
|
RM 245,000
|
RM 131
|
1,873 sqft
|
|
|
Jalan Padang Tembak
|
RM 250,000
|
RM 130
|
1,927 sqft
|
|
|
Pekan Baru
|
RM 500,000
|
RM 179
|
2,799 sqft
|
|
|
Jalan.padang Tembak
|
RM 440,000
|
RM 116
|
3,800 sqft
|
|
|
Lorong 1
|
RM 976,000
|
RM 232
|
4,198 sqft
|
|
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Market Snapshot
RM 345,000
RM 149 psfMedian transaction price
RM 250,000
RM 131 psfMedian transaction price
Pekan Baru, Hilir Perak, Perak
Pekan Baru in Hilir Perak, Perak recorded 7 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 142.
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 250K, with most transactions falling within a stable range of RM 245K to RM 499K, and a typical market range of RM 245K to RM 435K.
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 142, though individual units vary from RM 105 to RM 179 in the core range. The broader market spans RM 117.55 to RM 166.55, indicating diverse property characteristics. A wider spread (IQR: RM 49.00) and deviation (MAD: RM 37) 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.