Penang
Timur Laut
13
TAMAN PEKAKA

TAMAN PEKAKA

Area Intelligence

2021

Median Price

RM 380,000

PSF: RM 453

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 453

Commercial PSF Trends

Median Price

RM 1,700,000

RM 1,215 PSF

TAMAN PEKAKA in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 453.

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.

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

For price per square foot, the median is RM 453, with most transactions between RM 453 and RM 453. The usual range is RM 424.00 to RM 482.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 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. 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, Timur Laut, Penang

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