TAMAN PEKAKA in Timur Laut, Penang recorded 17 subsale transactions in 2024, with a median price of RM 330K and a median price per square foot (PSF) of RM 422.
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 280K to RM 380K, and a typical market range of RM 195K to RM 465K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 422, with most transactions between RM 389 and RM 455. The usual range is RM 393.00 to RM 451.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 33, 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.
