TAMAN CENDANA

TAMAN CENDANA in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2022, with a median price of RM 635K and a median price per square foot (PSF) of RM 228.

This area contains both residential and commercial properties. View 20 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 635K, with most transactions falling within a stable range of RM 452K to RM 483K, and a typical market range of RM 490K to RM 483K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 228, though individual units vary from RM 120 to RM 336 in the core range. The broader market spans RM 166.13 to RM 289.88, indicating diverse property characteristics. A wider spread (IQR: RM 123.75) and deviation (MAD: RM 108) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.