Area Intelligence

TAMAN CAHAYA

2 properties
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Median Price
RM 635,000
PSF: RM 492

Residential Market

Median Price

RM 635,000

IQR: RM 27
MAD: RM 27
RM 492 PSF 5.6%

PSF Trends (2021-2025)

TAMAN CAHAYA in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 635K and a median price per square foot (PSF) of RM 492.

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 RM 635K, with most transactions falling within a stable range of RM 620K to RM 650K, and a typical market range of RM 628K to RM 643K.

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

For price per square foot, the median is RM 492, with most transactions between RM 465 and RM 519. The usual range is RM 478.50 to RM 505.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 27 indicate a highly stable PSF trend across properties.

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.

Area Location

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TAMAN CAHAYA, Barat Daya, Penang

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Transactions

2 properties grouped by size

1,200 sqft
1 units Double Storey Terraced
RM 620,000
TINGKAT PASIR BELANDA 4
1,195 sqft · RM 519.00 PSF
Apr 2024
1,400 sqft
1 units Double Storey Terraced
RM 650,000
TINGKAT PASIR BELANDA 10
1,399 sqft · RM 465.00 PSF
Aug 2022