TAMAN PEKAKA

Area Intelligence
2023
Median Price
RM 359,000
PSF: RM 444

Residential PSF Trends

Median Price

RM 359,000

PSF: RM 444

Commercial PSF Trends

Median Price

RM 1,700,000

RM 1,215 PSF

TAMAN PEKAKA in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 359K and a median price per square foot (PSF) of RM 444.

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 359K, with most transactions falling within a stable range of RM 325K to RM 393K, and a typical market range of RM 285K to RM 400K.

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

For price per square foot, the median is RM 444, with most transactions between RM 407 and RM 481. The usual range is RM 415.00 to RM 473.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 37, 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

10 transactions found

RM 300,000
Level 3
700 sqft RM 429.00 PSF
RM 368,000
Level 12
840 sqft RM 438.00 PSF
RM 340,000
Level 6
700 sqft RM 486.00 PSF
RM 350,000
Level 13
840 sqft RM 417.00 PSF
RM 370,000
Level 1
700 sqft RM 529.00 PSF
RM 380,000
Level 8
840 sqft RM 453.00 PSF
RM 378,000
Level 17
840 sqft RM 450.00 PSF
RM 285,000
Level 2
700 sqft RM 407.00 PSF
RM 340,000
Level 3
840 sqft RM 405.00 PSF
RM 400,000
Level 11
840 sqft RM 476.00 PSF

No Properties For Sale

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

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