TAMAN PEKAKA

Area Intelligence
2024
Median Price
RM 350,000
PSF: RM 440

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 429

Commercial PSF Trends

Median Price

RM 1,700,000

RM 1,215 PSF

TAMAN PEKAKA in Timur Laut, Penang recorded 22 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 440.

This area contains both residential and commercial properties. View 58 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 340K to RM 300K, and a typical market range of RM 270K to RM 300K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 440, with most transactions between RM 425 and RM 454. The usual range is RM 410.50 to RM 468.50, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 15, 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN PEKAKA, Timur Laut, Penang

OSM

Track location

Transactions

6 transactions found

RM 280,000
Level 6
700 sqft RM 400.00 PSF
RM 280,000
Level 2
700 sqft RM 400.00 PSF
RM 280,000
Level 9
700 sqft RM 400.00 PSF
RM 295,000
Level 8
700 sqft RM 422.00 PSF
RM 270,000
Level 5
700 sqft RM 386.00 PSF
RM 300,000
Level 1
700 sqft RM 429.00 PSF

No Properties For Sale

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

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