TAMAN CEGAR

Area Intelligence
2022
Median Price
RM 315,000
PSF: RM 268

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 255

Commercial PSF Trends

Median Price

RM 750,000

RM 628 PSF

TAMAN CEGAR in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2022, with a median price of RM 315K and a median price per square foot (PSF) of RM 268.

This area contains both residential and commercial properties. View 8 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 268, with most transactions between RM 268 and RM 268. The usual range is RM 235.13 to RM 300.88, showing that most units are priced quite close to each other. With an IQR of RM 65.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CEGAR, Seberang Perai Selatan, Penang

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Transactions

3 transactions grouped by size

1,100 sqft
Single Storey Terraced
RM 280,000
LORONG CEGAR 1
1,098 sqft · RM 255 PSF
1,250 sqft
Single Storey Terraced
RM 280,000
JALAN CEGAR 1
1,238 sqft · RM 226 PSF
2,000 sqft
Single Storey Terraced
RM 300,000
LORONG CEGAR 2
1,981 sqft · RM 151 PSF

No Properties For Sale

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

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