TAMAN PEKAKA

Area Intelligence
2022
Median Price
RM 330,000
PSF: RM 441

Residential PSF Trends

Median Price

RM 330,000

PSF: RM 441

Commercial PSF Trends

Median Price

RM 1,700,000

RM 1,215 PSF

TAMAN PEKAKA in Timur Laut, Penang recorded 17 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 441.

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 330K, with most transactions falling within a stable range of RM 750K to RM 515K, and a typical market range of RM 750K to RM 465K.

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

The median PSF stands at RM 441, with core pricing between RM 354 and RM 528. Market pricing typically extends from RM 412.00 to RM 470.00, reflecting moderate variation in unit pricing. The spread of RM 58.00 (IQR) and deviation of RM 87 (MAD) suggest moderate price variations reflecting different property features.

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

5 transactions grouped by size

1,600 sqft
Double Storey Terraced
RM 950,000
LINTANG PEKAKA 6
1,593 sqft · RM 596 PSF
RM 750,000
LTG PEKAKA 5
1,593 sqft · RM 471 PSF
RM 932,000
LINTANG PEKAKA 8
1,593 sqft · RM 585 PSF
1,650 sqft
Double Storey Terraced
RM 810,000
SOLOK PEKAKA 2
1,636 sqft · RM 495 PSF
3,600 sqft
Double Storey Semi-D
RM 1,285,000
LINTANG PEKAKA 2
3,606 sqft · RM 356 PSF

No Properties For Sale

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

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