TAMAN CEMPAKA (BANDAR BATU KAWAN)

Area Intelligence
2023
Median Price
RM 300,000
PSF: RM 186

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 186

TAMAN CEMPAKA (BANDAR BATU KAWAN) in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 186.

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 300K, with most transactions falling within a stable range of RM 261K to RM 329K, and a typical market range of RM 275K to RM 325K.

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 186, with most transactions between RM 172 and RM 200. The usual range is RM 142.00 to RM 230.00, showing that most units are priced quite close to each other. With an IQR of RM 88.00 and MAD of RM 14, 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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Transactions

3 transactions grouped by size

1,150 sqft
Low-Cost House
RM 235,000
LORORNG CEMPAKA 1
1,173 sqft · RM 200 PSF
1,600 sqft
Single Storey Terraced
RM 300,000
JALAN BATU KAWAN
1,615 sqft · RM 186 PSF
1,950 sqft
Low-Cost House
RM 329,000
LORONG CEMPAKA 8
1,970 sqft · RM 167 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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