Kawasan Jalan Perak

10470 George Town, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM3,175,000
PSF
RM854
Price Size
Period
transactions middle 50% (P25–P75)
1,300 sqft
Shop
RM1,100,000
Level 1
1,324 sqft · RM831 PSF
5,850 sqft
Bungalow
RM5,250,000
Logan Road
5,866 sqft · RM895 PSF
6,000 sqft
Bungalow
RM5,250,000
Logan Road
5,985 sqft · RM877 PSF
10,200 sqft
Bungalow
RM220,000
Lorong Tampin
10,182 sqft · RM22 PSF
Legend Recent Highest Price Highest PSF

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10470 George Town, Penang, Malaysia

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Kawasan Jalan Perak in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM3.18 million and a median price per square foot (PSF) of RM854.

This area contains both residential and commercial properties. View 4 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM3.18 million, with most transactions falling within a stable range of RM859K to RM5.25 million, and a typical market range of RM1.62 million to RM4.73 million.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM854, though individual units vary from RM487 to RM1,221 in the core range. The broader market spans RM597.04 to RM1,111.04, indicating diverse property characteristics. A wider spread (IQR: RM514.00) and deviation (MAD: RM367) 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.