TAMAN CEMPAKA (BANDAR BATU KAWAN)

TAMAN CEMPAKA (BANDAR BATU KAWAN) in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 165.

This area consists exclusively of residential properties, with no commercial listings recorded.

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 254K to RM 285K, and a typical market range of RM 255K to RM 285K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 165, with core pricing between RM 140 and RM 190. Market pricing typically extends from RM 121.00 to RM 209.00, reflecting moderate variation in unit pricing. The spread of RM 88.00 (IQR) and deviation of RM 25 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.