Taman Cenderawasih

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

Property Transactions

4 subsales grouped by size

Median
RM 377,500
PSF
RM 187
Price Size
Period
transactions middle 50% (P25–P75)
2,000 sqft
2-Sty Shop
RM 225,000
Jalan Cenderawasih 3
2,024 sqft · RM 111 PSF
RM 380,000
Jalan Cenderawasih 3
2,024 sqft · RM 188 PSF
RM 375,000
Jalan Cenderawasih 3
2,024 sqft · RM 185 PSF
2,650 sqft
2-Sty Shop
RM 528,000
Jalan Air Lintas
2,659 sqft · RM 199 PSF
Legend Recent Highest Price Highest PSF

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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 4 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 378K and a median price per square foot (PSF) of RM 187.

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 378K, with most transactions falling within a stable range of RM 270K to RM 485K, and a typical market range of RM 319K to RM 436K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 187, with core pricing between RM 152 and RM 221. Market pricing typically extends from RM 139.93 to RM 233.18, reflecting moderate variation in unit pricing. The spread of RM 93.25 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.