Taman Perak in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM814K and a median price per square foot (PSF) of RM463.

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 RM814K, with most transactions falling within a stable range of RM808K to RM820K, and a typical market range of RM808K to RM820K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM463, with most transactions between RM438 and RM487. The usual range is RM409.38 to RM515.88, showing that most units are priced quite close to each other. With an IQR of RM106.50 and MAD of RM25, the PSF demonstrates reasonable consistency across the market.

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.