Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Semarak 16
|
RM 275,000
|
RM 184
|
1,496 sqft
|
|
Terrace |
| 2022 | |||||
|
Jalan Semarak 16
|
RM 260,000
|
RM 173
|
1,500 sqft
|
|
Terrace |
|
Jalan Semarak 3
|
RM 245,000
|
RM 164
|
1,496 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 260,000
RM 173 psfMedian transaction price
Taman Semarak (Gerik), Hulu Perak, Perak
Taman Semarak (Gerik) in Hulu Perak, Perak recorded 3 subsale transactions between 2021 and 2026, sized between 1,475 and 1,524 sqft, with a median price of RM 260K and a median price per square foot (PSF) of RM 173.
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 260K, with most transactions falling within a stable range of RM 248K to RM 272K, and a typical market range of RM 245K 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 173, with most transactions between RM 165 and RM 181. The usual range is RM 100.78 to RM 245.78, showing that most units are priced quite close to each other. With an IQR of RM 145.00 and MAD of RM 8, 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.