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Market Snapshot
RM 214,000
RM 87 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 2 subsale transactions between 2021 and 2026, sized between 2,425 and 2,474 sqft, with a median price of RM 214K and a median price per square foot (PSF) of RM 87.
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 214K, with most transactions falling within a stable range of RM 178K to RM 250K, and a typical market range of RM 178K to RM 250K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 87, with core pricing between RM 73 and RM 102. Market pricing typically extends from RM 43.70 to RM 130.70, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 15 (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.