Taman Cegar
14, Taman Cegar, 14100 Simpang Ampat, Pulau Pinang, Malaysia
14, Taman Cegar, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Cegar 16
|
RM 590,000
|
RM 368
|
1,604 sqft
|
|
|
|
Lorong Cegar 12
|
RM 420,000
|
RM 262
|
1,604 sqft
|
|
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Market Snapshot
ResidentialRM 505,000
RM 315 psfMedian transaction price
14, Taman Cegar, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Cegar in Seberang Perai Selatan, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 505K and a median price per square foot (PSF) of RM 315.
This area contains both residential and commercial properties. View 11 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 505K, with most transactions falling within a stable range of RM 420K to RM 590K, and a typical market range of RM 420K to RM 590K.
Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 315, with core pricing between RM 262 and RM 368. Market pricing typically extends from RM 284.94 to RM 344.94, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 53 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.