Taman Cegar

14, Taman Cegar, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size · Terrace →

Median
RM 315,000
PSF
RM 258
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Terrace
RM 280,000
Lorong Cegar 1
1,098 sqft · RM 255 PSF
RM 330,000
Lorong Cegar 7
1,098 sqft · RM 301 PSF
1,250 sqft
Terrace
RM 280,000
Jalan Cegar 1
1,238 sqft · RM 226 PSF
1,600 sqft
2-Sty Terrace
RM 420,000
Lorong Cegar 12
1,604 sqft · RM 262 PSF
1,750 sqft
2-Sty Shop
RM 750,000
Jalan Cegar 1
1,744 sqft · RM 430 PSF
2,000 sqft
Terrace
RM 300,000
Lorong Cegar 2
1,981 sqft · RM 151 PSF
Legend Recent Highest Price Highest PSF

Posts about Taman Cegar

What’s happening in Taman Cegar?

No posts about Taman Cegar yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM 300,000

RM 255 psf

Median transaction price

Taman Cegar
© OpenStreetMap · CARTO

14, Taman Cegar, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

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 258.

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 315K, with most transactions falling within a stable range of RM 280K to RM 482K, and a typical market range of RM 280K to RM 465K.

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 258, though individual units vary from RM 174 to RM 343 in the core range. The broader market spans RM 228.45 to RM 288.45, indicating diverse property characteristics. A wider spread (IQR: RM 60.00) and deviation (MAD: RM 84) indicate significant PSF variations, likely due to diverse property types or conditions.

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.