Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 315,000
|
RM 450
|
700 sqft
|
|
|
|
Level 3
|
RM 305,000
|
RM 436
|
700 sqft
|
|
|
|
Level 11
|
RM 258,000
|
RM 369
|
700 sqft
|
|
|
|
Level 8
|
RM 320,000
|
RM 457
|
700 sqft
|
|
|
|
Level 3
|
RM 350,000
|
RM 500
|
700 sqft
|
|
|
|
Level 6
|
RM 300,000
|
RM 429
|
700 sqft
|
|
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Market Snapshot
RM 300,000
RM 429 psfMedian transaction price
RM 1,700,000
RM 1,215 psfMedian transaction price
Taman Pekaka, 11700 Gelugor, Pulau Pinang, Malaysia
MapsTaman Pekaka in Timur Laut, Penang recorded 26 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM 300K and a median price per square foot (PSF) of RM 429.
This area contains both residential and commercial properties. View 65 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 300K, with most transactions falling within a stable range of RM 275K to RM 325K, and a typical market range of RM 258K to RM 355K.
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 393 and RM 465. The usual range is RM 398.42 to RM 459.17, showing that most units are priced quite close to each other. With an IQR of RM 60.75 and MAD of RM 36, 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.