TAMAN PERAK - R/ PANGSA Property Investment Analysis

Jelutong, Timur Laut, Penang

Median Price
RM 340,000
CAGR
-21.1%
Median PSF
RM 610.00
CAGR
-70.8%
Transactions
2
Period
2023-2024

TAMAN PERAK - R/ PANGSA in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 340K and a median price per square foot (PSF) of RM 610.

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 340K, with most transactions falling within a stable range of RM 300K to RM 380K, and a typical market range of RM 320K to RM 360K.

Most transactions involved flats, with minimal variety in property types.

Price per square foot shows a median of RM 610, though individual units vary from RM 276 to RM 944 in the core range. The broader market spans RM 443.00 to RM 777.00, indicating diverse property characteristics. A wider spread (IQR: RM 334.00) and deviation (MAD: RM 334) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

ADVANCED FILTERS

TRANSACTIONS

2 found
Flat
RM 300,000
PSF: RM 276.00
Area: 1,087 sqft
Date: Oct 2024
Flat
RM 380,000
PSF: RM 944.00
Area: 403 sqft
Date: Jun 2023