TAMAN PEKAKA

TAMAN PEKAKA in Timur Laut, Penang recorded 22 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 440.

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 350K, with most transactions falling within a stable range of RM 270K to RM 759K, and a typical market range of RM 295K to RM 405K.

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

Price per square foot shows a median of RM 440, though individual units vary from RM 268 to RM 611 in the core range. The broader market spans RM 410.88 to RM 468.13, indicating diverse property characteristics. A wider spread (IQR: RM 57.25) and deviation (MAD: RM 171) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.