TAMAN PEKAKA

Area Intelligence
2024
Median Price
RM 1,000,000
PSF: RM 546

Residential PSF Trends

Median Price

RM 970,000

PSF: RM 535

Commercial PSF Trends

Median Price

RM 1,700,000

RM 1,215 PSF

TAMAN PEKAKA in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 546.

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 1.00 million, with most transactions falling within a stable range of RM 940K to RM 1.34 million, and a typical market range of RM 940K to RM 1.14 million.

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

Price per square foot shows a median of RM 546, though individual units vary from RM 225 to RM 867 in the core range. The broader market spans RM 517.00 to RM 575.00, indicating diverse property characteristics. A wider spread (IQR: RM 58.00) and deviation (MAD: RM 321) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PEKAKA, Timur Laut, Penang

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Transactions

3 transactions grouped by size

1,400 sqft
Double Storey Shop
RM 1,700,000
JALAN PEKAKA 1
1,399 sqft · RM 1,215 PSF
1,800 sqft
Double Storey Terraced
RM 940,000
LINTANG PEKAKA 4
1,798 sqft · RM 523 PSF
1,850 sqft
Double Storey Terraced
RM 1,000,000
LINTANG PEKAKA 9
1,830 sqft · RM 546 PSF

No Properties For Sale

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

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