TAMAN CENDERAWASIH in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 190K and a median price per square foot (PSF) of RM 167.
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 190K, with most transactions falling within a stable range of RM 130K to RM 250K, and a typical market range of RM 135K to RM 245K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 167, though individual units vary from RM 117 to RM 217 in the core range. The broader market spans RM 120.00 to RM 214.00, indicating diverse property characteristics. A wider spread (IQR: RM 94.00) and deviation (MAD: RM 50) 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.
