TAMAN PEKAKA

Area Intelligence

2021

Median Price

RM 325,000

PSF: RM 250

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 213

Commercial PSF Trends

Median Price

RM 400,000

RM 286 PSF

TAMAN PEKAKA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 325K 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.

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

For price per square foot, the median is RM 250, with most transactions between RM 250 and RM 250. The usual range is RM 180.25 to RM 318.75, showing that most units are priced quite close to each other. With an IQR of RM 138.50 and MAD of RM 0, 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.

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TAMAN PEKAKA, Seberang Perai Selatan, Penang

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