TAMAN CEMPAKA (BANDAR BATU KAWAN)

TAMAN CEMPAKA (BANDAR BATU KAWAN) in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 275K and a median price per square foot (PSF) of RM 193.

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 275K, with most transactions falling within a stable range of RM 237K to RM 313K, and a typical market range of RM 250K to RM 300K.

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

The median PSF stands at RM 193, with core pricing between RM 160 and RM 226. Market pricing typically extends from RM 149.00 to RM 237.00, reflecting moderate variation in unit pricing. The spread of RM 88.00 (IQR) and deviation of RM 33 (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.