TAMAN PEKAKA

TAMAN PEKAKA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 620K and a median price per square foot (PSF) of RM 443.

This area contains both residential and commercial properties. View 15 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 620K, with most transactions falling within a stable range of RM 434K to RM 748K, and a typical market range of RM 490K to RM 748K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 443, though individual units vary from RM 310 to RM 576 in the core range. The broader market spans RM 373.75 to RM 512.25, indicating diverse property characteristics. A wider spread (IQR: RM 138.50) and deviation (MAD: RM 133) 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.