TAMAN CAHAYA
Residential Market
Median Price
RM 650,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
13 properties
Median Price
RM 330,000
-2.4% CAGR
Median PSF
RM 214.00
-14.4% CAGR
Double Storey Shop
8 properties
Median Price
RM 585,000
-8.7% CAGR
Median PSF
RM 398.00
-10.5% CAGR
Double Storey Terraced
8 properties
Median Price
RM 390,000
-8.7% CAGR
Median PSF
RM 242.25
-10.4% CAGR
Low-Cost House
5 properties
Median Price
RM 189,000
+1.4% CAGR
Median PSF
RM 243.75
+1.7% CAGR
Terraced Factory
2 properties
Median Price
RM 1,290,000
Median PSF
RM 735.50
Single Storey Shop
1 properties
Median Price
RM 400,000
Median PSF
RM 203.00
Double Storey Semi-D
1 properties
Median Price
RM 460,000
Median PSF
RM 106.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 13 |
RM 330,000
±10K MAD
|
-2.43% |
RM 214.00
±6 MAD
|
-14.42% | |
| Double Storey Shop | 8 |
RM 585,000
±25K MAD
|
-8.74% |
RM 398.00
±35 MAD
|
-10.49% | |
| Double Storey Terraced | 8 |
RM 390,000
±90K MAD
|
-8.70% |
RM 242.25
±54 MAD
|
-10.45% | |
| Low-Cost House | 5 |
RM 189,000
±44K MAD
|
+1.44% |
RM 243.75
±58 MAD
|
+1.67% | |
| Terraced Factory | 2 |
RM 1,290,000
|
- |
RM 735.50
|
- | |
| Single Storey Shop | 1 |
RM 400,000
|
- |
RM 203.00
|
- | |
| Double Storey Semi-D | 1 |
RM 460,000
|
- |
RM 106.00
|
- |
TAMAN CAHAYA in Barat Daya, Penang recorded 1 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 465.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 465, with most transactions between RM 465 and RM 465. The usual range is RM 451.50 to RM 478.50, 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 0 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
TINGKAT PASIR BELANDA 10
|
RM 650,000
|
RM 465.00
|
1,399 sqft
|
Aug 2022
|