Penang
Seberang Perai Selatan
13
TAMAN CEMPAKA (BANDAR BATU KAWAN)

TAMAN CEMPAKA (BANDAR BATU KAWAN)

Area Intelligence

2022

Median Price

RM 256,500

PSF: RM 183

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Residential PSF Trends

Median Price

RM 256,500

PSF: RM 183

TAMAN CEMPAKA (BANDAR BATU KAWAN) in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 257K and a median price per square foot (PSF) of RM 183.

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 257K, with most transactions falling within a stable range of RM 228K to RM 285K, and a typical market range of RM 232K to RM 282K.

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

For price per square foot, the median is RM 183, with most transactions between RM 165 and RM 200. The usual range is RM 138.50 to RM 226.50, showing that most units are priced quite close to each other. With an IQR of RM 88.00 and MAD of RM 18, 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.

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TAMAN CEMPAKA (BANDAR BATU KAWAN), Seberang Perai Selatan, Penang

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