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Penang, Timur Laut, Georgetown

TAMAN PERAK

Area Intelligence
Median Price
RM 882,500
PSF: RM 563
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Residential PSF Trends

Median Price

RM 882,500

PSF: RM 563

TAMAN PERAK in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 883K and a median price per square foot (PSF) of RM 563.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 883K, with most transactions falling within a stable range of RM 814K to RM 951K, and a typical market range of RM 808K to RM 968K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 563, with most transactions between RM 514 and RM 613. The usual range is RM 509.75 to RM 616.25, showing that most units are priced quite close to each other. With an IQR of RM 106.50 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERAK, Timur Laut, Penang

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Transactions

6 transactions grouped by size

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1,550 sqft
Double Storey Terraced
RM 935,000
TAMAN PERAK
1,553 sqft · RM 602 PSF
RM 820,000
TAMAN PERAK
1,566 sqft · RM 524 PSF
1,600 sqft
Double Storey Terraced
RM 808,000
TAMAN PERAK
1,604 sqft · RM 504 PSF
RM 1,025,000
TAMAN PERAK
1,587 sqft · RM 646 PSF
RM 830,000
TAMAN PERAK
1,586 sqft · RM 523 PSF
RM 1,012,000
TAMAN PERAK
1,585 sqft · RM 639 PSF

No Properties For Sale

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

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