TAMAN CENDERAWASIH INDAH

Area Intelligence
2024
Median Price
RM 360,000
PSF: RM 253

Residential PSF Trends

Median Price

RM 355,000

PSF: RM 248

Commercial PSF Trends

Median Price

RM 495,000

RM 354 PSF

TAMAN CENDERAWASIH INDAH in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 253.

This area contains both residential and commercial properties. View 18 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 360K, with most transactions falling within a stable range of RM 275K to RM 445K, and a typical market range of RM 278K to RM 443K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 253, though individual units vary from RM 160 to RM 346 in the core range. The broader market spans RM 168.00 to RM 338.00, indicating diverse property characteristics. A wider spread (IQR: RM 170.00) and deviation (MAD: RM 93) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CENDERAWASIH INDAH, Seberang Perai Selatan, Penang

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