TAMAN PEKAKA

Area Intelligence
2024
Median Price
RM 330,000
PSF: RM 422

Residential PSF Trends

Median Price

RM 330,000

PSF: RM 422

Commercial PSF Trends

Median Price

RM 1,700,000

RM 1,215 PSF

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 270K to RM 430K.

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 384 and RM 460. 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 38, 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

17 transactions grouped by size

700 sqft
Flat
RM 320,000
Level 3
700 sqft · RM 457 PSF
RM 280,000
Level 6
700 sqft · RM 400 PSF
RM 280,000
Level 9
700 sqft · RM 400 PSF
RM 280,000
Level 2
700 sqft · RM 400 PSF
RM 330,000
Level 11
700 sqft · RM 472 PSF
RM 295,000
Level 8
700 sqft · RM 422 PSF
RM 270,000
Level 5
700 sqft · RM 386 PSF
RM 300,000
Level 1
700 sqft · RM 429 PSF
850 sqft
Flat
RM 348,000
Level 16
840 sqft · RM 414 PSF
RM 350,000
Level 5
840 sqft · RM 417 PSF
RM 320,000
Level 17
840 sqft · RM 381 PSF
RM 430,000
Level 3
840 sqft · RM 512 PSF
RM 418,000
Level 6
840 sqft · RM 498 PSF
RM 350,000
Level 11
840 sqft · RM 417 PSF

No Properties For Sale

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

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