TAMAN PEKAKA

Area Intelligence

2024

Median Price

RM 620,000

PSF: RM 443

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Residential PSF Trends

Median Price

RM 305,000

PSF: RM 218

Commercial PSF Trends

Median Price

RM 684,000

RM 489 PSF

TAMAN PEKAKA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 620K and a median price per square foot (PSF) of RM 443.

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 620K, with most transactions falling within a stable range of RM 620K to RM 684K, and a typical market range of RM 620K to RM 748K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 443, with core pricing between RM 398 and RM 489. Market pricing typically extends from RM 373.75 to RM 512.25, reflecting moderate variation in unit pricing. With an IQR of RM 138.50 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PEKAKA, Seberang Perai Selatan, Penang

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