TAMAN CENDERAWASIH INDAH

Area Intelligence
2023
Median Price
RM 330,000
PSF: RM 224

Residential PSF Trends

Median Price

RM 330,000

PSF: RM 224

Commercial PSF Trends

Median Price

RM 495,000

RM 354 PSF

TAMAN CENDERAWASIH INDAH in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 224.

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 330K, with most transactions falling within a stable range of RM 243K to RM 280K, and a typical market range of RM 248K to RM 280K.

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

The median PSF stands at RM 224, with core pricing between RM 181 and RM 267. Market pricing typically extends from RM 139.00 to RM 309.00, reflecting moderate variation in unit pricing. The spread of RM 170.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

4 transactions grouped by size

600 sqft
Town House
RM 95,000
Level 1
603 sqft · RM 158 PSF
RM 80,000
Level G
614 sqft · RM 130 PSF
RM 68,000
Level G
614 sqft · RM 111 PSF
1,250 sqft
Single Storey Terraced
RM 280,000
LORONG CENDERAWASIH INDAH 2
1,249 sqft · RM 224 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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