TAMAN CENDANA PERMAI Property Investment Analysis

TAMAN CENDANA PERMAI in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 518K and a median price per square foot (PSF) of RM 278.

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 518K, with most transactions falling within a stable range of RM 485K to RM 550K, and a typical market range of RM 473K to RM 562K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 278, with core pricing between RM 230 and RM 327. Market pricing typically extends from RM 211.63 to RM 344.38, reflecting moderate variation in unit pricing. The spread of RM 132.75 (IQR) and deviation of RM 49 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.