TAMAN CENDANA PERMAI

TAMAN CENDANA PERMAI in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2022, with a median price of RM 505K and a median price per square foot (PSF) of RM 305.

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 505K, with most transactions falling within a stable range of RM 470K to RM 575K, and a typical market range of RM 470K to RM 549K.

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

Price per square foot shows a median of RM 305, though individual units vary from RM 244 to RM 366 in the core range. The broader market spans RM 238.63 to RM 371.38, indicating diverse property characteristics. The spread of RM 132.75 (IQR) and deviation of RM 61 (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.