Area Intelligence

TAMAN PEKAKA

17 properties
2022
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Median Price
RM 330,000
PSF: RM 441

Residential Market

Median Price

RM 330,000

IQR: RM 58
MAD: RM 33
RM 441 PSF 1.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,700,000

RM 1,215 PSF

PSF Trends (2021-2025)

TAMAN PEKAKA in Timur Laut, Penang recorded 17 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 441.

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 330K, with most transactions falling within a stable range of RM 290K to RM 631K, and a typical market range of RM 290K to RM 385K.

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

The median PSF stands at RM 441, with core pricing between RM 382 and RM 500. Market pricing typically extends from RM 412.38 to RM 469.63, reflecting moderate variation in unit pricing. With an IQR of RM 57.25 and MAD of RM 59, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN PEKAKA, Timur Laut, Penang

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Transactions

17 properties grouped by size

700 sqft
8 units Flat
RM 290,000
700 sqft · RM 414.00 PSF
Dec 2022
RM 315,000
700 sqft · RM 450.00 PSF
Oct 2022
RM 300,000
700 sqft · RM 429.00 PSF
Sep 2022
RM 330,000
700 sqft · RM 472.00 PSF
May 2022
RM 298,000
700 sqft · RM 426.00 PSF
May 2022
RM 330,000
700 sqft · RM 472.00 PSF
Mar 2022
RM 300,000
700 sqft · RM 429.00 PSF
Feb 2022
RM 326,000
700 sqft · RM 466.00 PSF
Feb 2022
850 sqft
4 units Flat
RM 350,000
840 sqft · RM 417.00 PSF
Nov 2022
RM 370,000
840 sqft · RM 441.00 PSF
Oct 2022
RM 350,000
840 sqft · RM 417.00 PSF
Sep 2022
RM 330,000
840 sqft · RM 393.00 PSF
Apr 2022
1,600 sqft
3 units Double Storey Terraced
RM 950,000
LINTANG PEKAKA 6
1,593 sqft · RM 596.00 PSF
Dec 2022
RM 750,000
LTG PEKAKA 5
1,593 sqft · RM 471.00 PSF
Jun 2022
RM 932,000
LINTANG PEKAKA 8
1,593 sqft · RM 585.00 PSF
Jan 2022
1,650 sqft
1 units Double Storey Terraced
RM 810,000
SOLOK PEKAKA 2
1,636 sqft · RM 495.00 PSF
Mar 2022
3,600 sqft
1 units Double Storey Semi-D
RM 1,285,000
LINTANG PEKAKA 2
3,606 sqft · RM 356.00 PSF
Nov 2022