TAMAN PEKAKA in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 250.
This area contains both residential and commercial properties. View 15 residential properties or 8 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 324K to RM 300K, and a typical market range of RM 238K to RM 300K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 250, with core pricing between RM 222 and RM 278. Market pricing typically extends from RM 180.75 to RM 319.25, reflecting moderate variation in unit pricing. With an IQR of RM 138.50 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.
