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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
RM214,000
RM87 psfMedian transaction price
RM422,500
RM300 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 RM214K and a median price per square foot (PSF) of RM87.
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 RM214K, with most transactions falling within a stable range of RM178K to RM250K, and a typical market range of RM178K to RM250K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM87, with core pricing between RM73 and RM102. Market pricing typically extends from RM43.70 to RM130.70, reflecting moderate variation in unit pricing. The spread of RM87.00 (IQR) and deviation of RM15 (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.