TAMAN CEMPAKA (BANDAR BATU KAWAN) in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 255.
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 250K, with most transactions falling within a stable range of RM 235K to RM 265K, and a typical market range of RM 225K to RM 275K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 255, with core pricing between RM 220 and RM 290. Market pricing typically extends from RM 211.00 to RM 299.00, reflecting moderate variation in unit pricing. With an IQR of RM 88.00 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.
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.