TAMAN CENDERAWASIH INDAH

Area Intelligence
2023
Median Price
RM 350,000
PSF: RM 280

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 280

Commercial PSF Trends

Median Price

RM 495,000

RM 354 PSF

TAMAN CENDERAWASIH INDAH in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 280.

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 350K, with most transactions falling within a stable range of RM 280K to RM 427K, and a typical market range of RM 280K to RM 433K.

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

The median PSF stands at RM 280, with core pricing between RM 231 and RM 329. Market pricing typically extends from RM 195.00 to RM 365.00, reflecting moderate variation in unit pricing. The spread of RM 170.00 (IQR) and deviation of RM 49 (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

5 transactions grouped by size

1,250 sqft
Single Storey Terraced
RM 350,000
LORONG CENDERAWASIH INDAH 2
1,249 sqft · RM 280 PSF
RM 280,000
LORONG CENDERAWASIH INDAH 2
1,249 sqft · RM 224 PSF
1,300 sqft
Double Storey Terraced
RM 450,000
LORONG CENDERAWASIH INDAH 6
1,302 sqft · RM 346 PSF
RM 330,000
LORONG CENDERAWASIH INDAH 6
1,302 sqft · RM 253 PSF
1,400 sqft
Double Storey Terraced
RM 485,000
LORONG CENDERAWASIH INDAH 4
1,399 sqft · RM 347 PSF

No Properties For Sale

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

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