Perak
Hulu Perak
Bandar Gerik
GERIK BUSINESS CENTRE

GERIK BUSINESS CENTRE

Area Intelligence

Median Price

RM 480,000

PSF: RM 157

GERIK BUSINESS CENTRE in Hulu Perak, Perak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 480K and a median price per square foot (PSF) of RM 157.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 480K, with most transactions falling within a stable range of RM 400K to RM 560K, and a typical market range of RM 435K to RM 525K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 157, though individual units vary from RM 107 to RM 207 in the core range. The broader market spans RM 128.77 to RM 185.27, indicating diverse property characteristics. A wider spread (IQR: RM 56.50) and deviation (MAD: RM 50) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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GERIK BUSINESS CENTRE, Hulu Perak, Perak

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