Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Persiaran Thauphy 4
|
RM 650,000
|
RM 184
|
3,531 sqft
|
|
2-Sty Shop |
|
Persiaran Thaupy 4
|
RM 400,000
|
RM 151
|
2,648 sqft
|
|
2-Sty Shop |
|
Lorong Siakap
|
RM 310,000
|
RM 78
|
3,999 sqft
|
|
Bungalow |
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Market Snapshot
CommercialRM 525,000
RM 168 psfMedian transaction price
Pusat Bandar Baru Bagan Serai in Kerian, Perak recorded 3 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 151.
This area contains both residential and commercial properties. View 5 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 400K, with most transactions falling within a stable range of RM 310K to RM 544K, and a typical market range of RM 314K to RM 486K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 151, though individual units vary from RM 107 to RM 196 in the core range. The broader market spans RM 119.56 to RM 182.56, indicating diverse property characteristics. A wider spread (IQR: RM 63.00) and deviation (MAD: RM 45) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.