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. The median price is RM 325K, with most transactions falling within a stable range of RM 250K to RM 400K, and a typical market range of RM 250K to RM 400K.

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 213 and RM 286. Market pricing typically extends from RM 180.25 to RM 318.75, reflecting moderate variation in unit pricing. With an IQR of RM 138.50 and MAD of RM 37, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PEKAKA, Seberang Perai Selatan, Penang

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