Taman Cenderawasih

Jalan Cenderawasih 11, Taman Cenderawasih Indah, 14300 Nibong Tebal, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM 235,000

RM 214 psf

Median transaction price

Taman Cenderawasih
© OpenStreetMap · CARTO

Jalan Cenderawasih 11, Taman Cenderawasih Indah, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Taman Cenderawasih in Seberang Perai Selatan, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 250K and a median price per square foot (PSF) of RM 231.

This area contains both residential and commercial properties. View 28 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 250K, with most transactions falling within a stable range of RM 195K to RM 305K, and a typical market range of RM 191K to RM 309K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 231, with core pricing between RM 186 and RM 276. Market pricing typically extends from RM 183.88 to RM 277.13, reflecting moderate variation in unit pricing. The spread of RM 93.25 (IQR) and deviation of RM 45 (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.