Taman Pekaka
9, Jalan Pekaka, Taman Pekaka, 14300 Nibong Tebal, Pulau Pinang, Malaysia
9, Jalan Pekaka, Taman Pekaka, 14300 Nibong Tebal, Pulau Pinang, Malaysia
Property Type
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Market Snapshot
RM 250,000
RM 213 psfMedian transaction price
RM 400,000
RM 147 psfMedian transaction price
9, Jalan Pekaka, Taman Pekaka, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman 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 180.
This area contains both residential and commercial properties. View 18 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 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 180, with core pricing between RM 147 and RM 213. Market pricing typically extends from RM 128.73 to RM 231.48, reflecting moderate variation in unit pricing. The spread of RM 102.75 (IQR) and deviation of RM 33 (MAD) suggest moderate price variations reflecting different property features.
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.