TAMAN PEKAKA

Area Intelligence
2023
Median Price
RM 370,000
PSF: RM 438

Residential PSF Trends

Median Price

RM 370,000

PSF: RM 438

Commercial PSF Trends

Median Price

RM 1,700,000

RM 1,215 PSF

TAMAN PEKAKA in Timur Laut, Penang recorded 13 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 438.

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 370K, with most transactions falling within a stable range of RM 1.10 million to RM 430K, and a typical market range of RM 1.10 million to RM 505K.

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

For price per square foot, the median is RM 438, with most transactions between RM 423 and RM 453. The usual range is RM 409.00 to RM 467.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PEKAKA, Timur Laut, Penang

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Transactions

2 transactions grouped by size

3,400 sqft
Double Storey Terraced
RM 1,100,000
LINTANG PEKAKA 6
3,423 sqft · RM 321 PSF
4,200 sqft
Double Storey Terraced
RM 1,220,000
LINTANG PEKAKA 4
4,187 sqft · RM 291 PSF

No Properties For Sale

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

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