TAMAN PERAK

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.