Pekan Simpang Lima, Kerian, Perak property prices
Transactions from October 2023 to October 2025
Totals for Pekan Simpang Lima, Kerian, Perak only. Properties sold counts distinct developments, not individual units.
Pekan Simpang Lima, Kerian, Perak property prices: key facts
- Median Transacted Price
- RM 490,000
- Median Price PSF
- RM 257.36
- Most Preferred Tenure
- Freehold
- Most Transacted Property Type
- 2 - 2 1/2 Storey Terraced
- Most Transacted Property
- Pekan Simpang Lima
- Most Properties Sold In
- October 2023 (2 Sales)
- Low-Cost / Affordable Sold
- 0 (Up To RM 300,000)
- Medium-Cost / Mid-Market Sold
- 3 (Above RM 300,000 To RM 800,000)
- Luxury / High-End Sold
- 0 (Above RM 800,000 To RM 2,500,000)
- Ultra-Luxury Sold
- 0 (Above RM 2,500,000)
Price bands cover positive transaction prices, including decimal amounts, with no gaps between tiers. Most-transacted facts reflect recorded volume, not a survey of buyer preferences.
Median transaction price and PSF
Monthly medians from October 2023 to October 2025. Price uses the left axis; RM/sqft uses the right axis.
The monthly chart requires JavaScript. All values are available in the table below.
View monthly chart data
| Month | Median price | Median RM/sqft | Total transactions |
|---|---|---|---|
| October 2025 | RM 710,000 | RM 402.82 | 1 |
| October 2023 | RM 485,000 | RM 254.74 | 2 |
Median price by year
| Year | Median price | Median RM/sqft | Total transactions |
|---|---|---|---|
| 2025 | RM 710,000 | RM 402.82 | 1 |
| 2023 | RM 485,000 | RM 254.74 | 2 |
Most Transacted Properties in Pekan Simpang Lima, Kerian, Perak
| Property name | Property type | Total transactions | Median price | Median RM/sqft |
|---|---|---|---|---|
| PEKAN SIMPANG LIMA | 2 - 2 1/2 Storey Terraced | 3 | RM 490,000 | RM 257.36 |
Matching scheme names are combined within this report's location. Property links open the location with the most recorded transactions; its detail totals may differ from this combined ranking. Names without a complete report location are not linked. For mixed-type schemes, the most transacted property type is shown.
Pekan Simpang Lima, Kerian, Perak Property Market Insight
Between October 2023 and October 2025, Pekan Simpang Lima, Kerian, Perak recorded 3 property transactions within this area. The overall median transacted price stood at RM 490,000 (RM 257.36 PSF), serving as a practical benchmark for comparing localized values.
The market's upper bound reached RM 710,000 in pekan simpang lima, whereas the lowest recorded sale was RM 480,000 in pekan simpang lima. Across the area, 2 - 2 1/2 Storey Terraced emerged as the most transacted property type.
Extreme prices describe individual recorded sales, not the typical price of an entire area.
Frequently Asked Questions
What is the median property price in Pekan Simpang Lima, Kerian, Perak?
The median transacted property price in Pekan Simpang Lima, Kerian, Perak is RM 490,000 (RM 257.36 per sq. ft.), based on 3 recorded sales from October 2023 to October 2025.
How much do high-rise properties cost in Pekan Simpang Lima, Kerian, Perak?
No condominium or apartment transactions are available in the recorded period for Pekan Simpang Lima, Kerian, Perak.
What type of tenure do buyers in Pekan Simpang Lima, Kerian, Perak prefer?
Freehold is the most frequently transacted tenure, accounting for 3 of 3 recorded transactions. Sales volume alone does not establish buyer preference.
How do residential and commercial prices compare in Pekan Simpang Lima, Kerian, Perak?
Residential properties in Pekan Simpang Lima, Kerian, Perak transacted at a median price of RM 485,000 across 2 sales, while commercial and industrial properties transacted at a median of RM 710,000 across 1 sales. A median is unavailable when no usable prices are recorded.
What are the most active or dominant property sub-sectors in Pekan Simpang Lima, Kerian, Perak?
2 - 2 1/2 Storey Terraced accounts for the most recorded transactions (2). This identifies the most active category in this dataset; it does not by itself prove sustained demand or liquidity.
How reliable is this data, and can I rely on it to make a decision for my next property purchase?
These metrics are strictly for personal reference, market comparison, and informational purposes only. They are calculated from the imported transaction database; attribution to official sources such as NAPIC/JPPH should be independently verified. They are not professional financial, legal, or real estate investment advice. Property values can vary with individual unit condition, facing, floor level, renovation quality, and changing market dynamics. Always perform independent due diligence, consult a licensed real estate agent or registered valuer, and assess your personal financial position before making a property purchase or investment commitment.
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How to read these figures
Medians use all positive recorded prices in the stated period, without removing outliers. PSF is calculated per transaction using land/parcel area in square feet, falling back to main floor area when land area is unavailable. Records without a usable price or area do not contribute to the respective median.
Capital gain/loss compares the first and latest recorded month's median price. It measures changes in the mix of properties sold, not the return on a specific property. A single priced month is reported as not available. Blank district, area and scheme names are excluded from named counts and rankings. District rankings retain state identity; area rankings retain district identity and combine case-only area-name variants.
State assignments use the existing district/area mapping and may need verification. Areas represent administrative sub-districts. Date ranges use the recorded month and year; undated records remain in overall totals but not dated trends. Analytics are cached for up to five minutes and refreshed when the database file changes.