Perak
Hulu Perak
Gerik
TAMAN SEMARAK (GERIK)

TAMAN SEMARAK (GERIK)

Area Intelligence

2023

Median Price

RM 325,000

PSF: RM 158

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 134

Commercial PSF Trends

Median Price

RM 768,000

RM 447 PSF

TAMAN SEMARAK (GERIK) in Hulu Perak, Perak recorded 5 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 158.

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 325K, with most transactions falling within a stable range of RM 318K to RM 275K, and a typical market range of RM 260K to RM 275K.

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 158, with most transactions between RM 145 and RM 171. The usual range is RM 85.50 to RM 230.50, showing that most units are priced quite close to each other. With an IQR of RM 145.00 and MAD of RM 13, 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.

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TAMAN SEMARAK (GERIK), Hulu Perak, Perak

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