TMN CEGAR Property Investment Analysis

14, Seberang Perai Selatan, Penang

Median Price
RM 325,000
CAGR
-25.3%
Median PSF
RM 268.00
CAGR
+16.5%
Transactions
10
Period
2021-2024

PROPERTY TYPES OVERVIEW

TMN CEGAR in Seberang Perai Selatan, Penang recorded 10 subsale transactions between 2021 and 2025, 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 280K to RM 490K.

Most transactions involved 1 - 1 1/2 storey terraced, 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.

ADVANCED FILTERS

TRANSACTIONS

10 found
1 - 1 1/2 Storey Terraced
LRG CEGAR 4
RM 320,000
PSF: RM 291.00
Area: 1,098 sqft
Date: Apr 2024
2 - 2 1/2 Storey Shop
JALAN BESAR
RM 680,000
PSF: RM 564.00
Area: 1,206 sqft
Date: Nov 2023
1 - 1 1/2 Storey Terraced
LORONG CEGAR 3
RM 280,000
PSF: RM 253.00
Area: 1,109 sqft
Date: Feb 2023
2 - 2 1/2 Storey Shop
JALAN CEGAR 1
RM 750,000
PSF: RM 628.00
Area: 1,195 sqft
Date: Oct 2022
1 - 1 1/2 Storey Terraced
LORONG CEGAR 2
RM 300,000
PSF: RM 151.00
Area: 1,981 sqft
Date: Jul 2022
2 - 2 1/2 Storey Terraced
LORONG CEGAR 12
RM 420,000
PSF: RM 281.00
Area: 1,496 sqft
Date: Jul 2022
1 - 1 1/2 Storey Terraced
LORONG CEGAR 1
RM 280,000
PSF: RM 255.00
Area: 1,098 sqft
Date: Jun 2022
1 - 1 1/2 Storey Terraced
JLN CEGAR 1
RM 280,000
PSF: RM 226.00
Area: 1,238 sqft
Date: May 2022
1 - 1 1/2 Storey Terraced
LORONG CEGAR 7
RM 330,000
PSF: RM 301.00
Area: 1,098 sqft
Date: May 2022
2 - 2 1/2 Storey Semi-Detached
LORONG CEGAR 10
RM 768,000
PSF: RM 184.00
Area: 4,166 sqft
Date: Jan 2021