TAMAN CEGAR

Area Intelligence
2021
Median Price
RM 768,000
PSF: RM 184

Residential PSF Trends

Median Price

RM 768,000

PSF: RM 184

Commercial PSF Trends

Median Price

RM 715,000

RM 596 PSF

TAMAN CEGAR in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2021, with a median price of RM 768K and a median price per square foot (PSF) of RM 184.

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. The median price is RM 768K, with most transactions falling within a stable range of RM 723K to RM 813K, and a typical market range of RM 603K to RM 933K.

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

Price per square foot shows a median of RM 184, though individual units vary from RM 147 to RM 222 in the core range. The broader market spans RM 151.13 to RM 216.88, indicating diverse property characteristics. The spread of RM 65.75 (IQR) and deviation of RM 38 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CEGAR, Seberang Perai Selatan, Penang

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