TAMAN CENDERAWASIH in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 292.
This area contains both residential and commercial properties. View 27 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 220K to RM 340K, and a typical market range of RM 225K to RM 335K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 292, with core pricing between RM 242 and RM 342. Market pricing typically extends from RM 245.00 to RM 339.00, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 50 (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.
