|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Merbuk
|
RM 350,000
|
RM 250
|
1,399 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Jalan Murai
|
RM 275,000
|
RM 197
|
1,399 sqft
|
|
2-Sty Terrace |
|
Jalan Merbuk
|
RM 200,000
|
RM 143
|
1,399 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 275,000
RM 197 psfMedian transaction price
RM 422,500
RM 300 psfMedian transaction price
PEKAN BARU, Parit Buntar, 34200, Kerian, Perak, Malaysia
Pekan Baru in Kerian, Perak recorded 3 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM 275K and a median price per square foot (PSF) of RM 197.
This area contains both residential and commercial properties. View 38 residential properties or 10 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 275K, with most transactions falling within a stable range of RM 214K to RM 336K, and a typical market range of RM 205K to RM 345K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 197, though individual units vary from RM 153 to RM 240 in the core range. The broader market spans RM 153.03 to RM 240.03, indicating diverse property characteristics. The spread of RM 87.00 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.
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.