TAMAN CEGAR

Area Intelligence
SOHO/SOFO/SOVO
Median Price
RM 325,000
PSF: RM 268

Residential PSF Trends

Median Price

RM 310,000

PSF: RM 254

Commercial PSF Trends

Median Price

RM 715,000

RM 596 PSF

TAMAN CEGAR in Seberang Perai Selatan, Penang recorded 0 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2025 for soho/sofo/sovo properties, with a median price of RM 325K 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. The median price is RM 325K, with most transactions falling within a stable range of RM 280K to RM 370K, and a typical market range of RM 160K to RM 490K.

Within the SOHO/SOFO/SOVO category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 268, with core pricing between RM 231 and RM 306. Market pricing typically extends from RM 235.13 to RM 300.88, reflecting moderate variation in unit pricing. With an IQR of RM 65.75 and MAD of RM 38, 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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