TAMAN PEKAKA

TAMAN PEKAKA in Timur Laut, Penang recorded 13 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 438.

This area contains both residential and commercial properties. View 53 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 370K, with most transactions falling within a stable range of RM 285K to RM 690K, and a typical market range of RM 315K to RM 425K.

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

The median PSF stands at RM 438, with core pricing between RM 359 and RM 517. Market pricing typically extends from RM 409.38 to RM 466.63, reflecting moderate variation in unit pricing. The spread of RM 57.25 (IQR) and deviation of RM 79 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.