TAMAN PEKAKA

Area Intelligence

2022

Median Price

RM 420,000

PSF: RM 204

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Residential PSF Trends

Median Price

RM 420,000

PSF: RM 204

Commercial PSF Trends

Median Price

RM 597,500

RM 415 PSF

TAMAN PEKAKA in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 204.

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 204, with most transactions between RM 204 and RM 204. The usual range is RM 134.75 to RM 273.25, 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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