Desa Cemara
13700 Seberang Jaya, Pulau Pinang, Malaysia
13700 Seberang Jaya, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 135,000
|
RM 220
|
614 sqft
|
|
Condo |
|
Level 3
|
RM 110,000
|
RM 189
|
581 sqft
|
|
LC Flat |
|
Level 4
|
RM 89,000
|
RM 148
|
603 sqft
|
|
LC Flat |
|
Level 1
|
RM 120,000
|
RM 162
|
743 sqft
|
|
|
|
Level 1
|
RM 140,000
|
RM 188
|
743 sqft
|
|
|
Level 1
|
RM 160,000
|
RM 206
|
775 sqft
|
|
|
|
Level G
|
RM 140,000
|
RM 181
|
775 sqft
|
|
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Market Snapshot
ResidentialRM 140,000
RM 189 psfMedian transaction price
Desa Cemara, 13700 Seberang Jaya, Pulau Pinang, Malaysia
MapsDesa Cemara in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2022, with a median price of RM 140K and a median price per square foot (PSF) of RM 189.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 140K, with most transactions falling within a stable range of RM 114K to RM 166K, and a typical market range of RM 117K to RM 163K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 189, with core pricing between RM 154 and RM 225. Market pricing typically extends from RM 157.50 to RM 221.00, reflecting moderate variation in unit pricing. The spread of RM 63.50 (IQR) and deviation of RM 36 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.