TAMAN PEKAKA

Area Intelligence
2022
Median Price
RM 328,000
PSF: RM 429

Residential PSF Trends

Median Price

RM 328,000

PSF: RM 429

Commercial PSF Trends

Median Price

RM 1,700,000

RM 1,215 PSF

TAMAN PEKAKA in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 328K and a median price per square foot (PSF) of RM 429.

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 328K, with most transactions falling within a stable range of RM 304K to RM 352K, and a typical market range of RM 290K to RM 370K.

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

For price per square foot, the median is RM 429, with most transactions between RM 405 and RM 453. The usual range is RM 400.00 to RM 458.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 24, 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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Transactions

12 transactions found

RM 290,000
Level 9
700 sqft RM 414.00 PSF
RM 350,000
Level 19
840 sqft RM 417.00 PSF
RM 315,000
Level 8
700 sqft RM 450.00 PSF
RM 370,000
Level 18
840 sqft RM 441.00 PSF
RM 300,000
Level 11
700 sqft RM 429.00 PSF
RM 350,000
Level 19
840 sqft RM 417.00 PSF
RM 330,000
Level 1
700 sqft RM 472.00 PSF
RM 298,000
Level 5
700 sqft RM 426.00 PSF
RM 330,000
Level 14
840 sqft RM 393.00 PSF
RM 330,000
Level 8
700 sqft RM 472.00 PSF
RM 300,000
Level 1
700 sqft RM 429.00 PSF
RM 326,000
Level 8
700 sqft RM 466.00 PSF

No Properties For Sale

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

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