Area Intelligence

PEKAN KANGAR

2 properties
Double Storey Shop
Median Price
RM 233,500
PSF: RM 131

Commercial Market

Median Price

RM 233,500

IQR: RM 315
MAD: RM 112
RM 131 PSF 277.0%

PSF Trends (2021-2025)

PEKAN KANGAR in Perlis, Perlis recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 234K and a median price per square foot (PSF) of RM 131.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 234K, with most transactions falling within a stable range of RM 117K to RM 350K, and a typical market range of RM 117K to RM 350K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 131, though individual units vary from RM 75 to RM 187 in the core range. The broader market spans RM 0.00 to RM 288.50, indicating diverse property characteristics. A wider spread (IQR: RM 315.00) and deviation (MAD: RM 56) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN KANGAR, Perlis, Perlis

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Transactions

2 properties grouped by size

1,550 sqft 1 units Double Storey Shop
RM 117,000 PSF: RM 75
Road Price PSF Size Date
PERSIARAN JUBLI EMAS
RM 117,000
RM 75.00
1,566 sqft
Jan 2025
1,850 sqft 1 units Double Storey Shop
RM 350,000 PSF: RM 187
Road Price PSF Size Date
PERSIARAN JUBLI EMAS
RM 350,000
RM 187.00
1,875 sqft
Jul 2023