Area Intelligence

TAMAN CAHAYA

1 properties
2024
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Median Price
RM 620,000
PSF: RM 519

Residential Market

Median Price

RM 620,000

IQR: RM 27
MAD: RM 27
RM 519 PSF 5.6%

PSF Trends (2021-2025)

TAMAN CAHAYA in Barat Daya, Penang recorded 1 subsale transactions in 2024, with a median price of RM 620K and a median price per square foot (PSF) of RM 519.

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 519, with most transactions between RM 519 and RM 519. The usual range is RM 505.50 to RM 532.50, 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.

Area Location

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TAMAN CAHAYA, Barat Daya, Penang

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Transactions

1 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