Perak
Hulu Perak
Gerik
TAMAN SEMARAK (GERIK)

TAMAN SEMARAK (GERIK)

Area Intelligence

2022

Median Price

RM 445,000

PSF: RM 169

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Residential PSF Trends

Median Price

RM 260,000

PSF: RM 164

Commercial PSF Trends

Median Price

RM 688,000

RM 491 PSF

TAMAN SEMARAK (GERIK) in Hulu Perak, Perak recorded 4 subsale transactions in 2022, with a median price of RM 445K and a median price per square foot (PSF) of RM 169.

This area contains both residential and commercial properties. View 9 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 445K, with most transactions falling within a stable range of RM 438K to RM 260K, and a typical market range of RM 260K to RM 260K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 169, with most transactions between RM 164 and RM 173. The usual range is RM 96.00 to RM 241.00, showing that most units are priced quite close to each other. With an IQR of RM 145.00 and MAD of RM 5, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SEMARAK (GERIK), Hulu Perak, Perak

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