TAMAN PEKAKA

Area Intelligence
2023
Median Price
RM 737,500
PSF: RM 311

Residential PSF Trends

Median Price

RM 535,000

PSF: RM 195

Commercial PSF Trends

Median Price

RM 940,000

RM 426 PSF

TAMAN PEKAKA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 738K and a median price per square foot (PSF) of RM 311.

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 738K, with most transactions falling within a stable range of RM 535K to RM 940K, and a typical market range of RM 608K to RM 868K.

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

Price per square foot shows a median of RM 311, though individual units vary from RM 195 to RM 426 in the core range. The broader market spans RM 241.25 to RM 379.75, indicating diverse property characteristics. A wider spread (IQR: RM 138.50) and deviation (MAD: RM 116) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

2 transactions grouped by size

2,200 sqft
Double Storey Shop
RM 940,000
JALAN PEKAKA 3
2,207 sqft · RM 426 PSF
2,750 sqft
Double Storey Terraced
RM 535,000
JALAN PEKAKA
2,749 sqft · RM 195 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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