Taman Cegar

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

Property Transactions

2 subsales grouped by size · Terrace →

Median
RM 480,000
PSF
RM 321
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Terrace
RM 280,000
Lorong Cegar 3
1,109 sqft · RM 253 PSF
1,750 sqft
2-Sty Shop
RM 680,000
Jalan Besar
1,744 sqft · RM 390 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 280,000

RM 253 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 2 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 321.

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 480K, with most transactions falling within a stable range of RM 280K to RM 680K, and a typical market range of RM 330K to RM 630K.

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 321, though individual units vary from RM 253 to RM 390 in the core range. The broader market spans RM 291.26 to RM 351.26, indicating diverse property characteristics. The spread of RM 60.00 (IQR) and deviation of RM 69 (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.