Taman Cenderawasih

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 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 190K, with most transactions falling within a stable range of RM 173K to RM 200K, and a typical market range of RM 160K to RM 200K.

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

The median PSF stands at RM 167, with core pricing between RM 149 and RM 185. Market pricing typically extends from RM 120.40 to RM 213.65, reflecting moderate variation in unit pricing. With an IQR of RM 93.25 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.

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.