TAMAN CENDANA

Area Intelligence
2022
Median Price
RM 635,000
PSF: RM 228

Residential PSF Trends

Median Price

RM 590,000

PSF: RM 214

Commercial PSF Trends

Median Price

RM 700,000

RM 500 PSF

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 850K to RM 707K, and a typical market range of RM 850K to RM 780K.

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

The median PSF stands at RM 228, with core pricing between RM 187 and RM 269. Market pricing typically extends from RM 166.13 to RM 289.88, reflecting moderate variation in unit pricing. The spread of RM 123.75 (IQR) and deviation of RM 41 (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.

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TAMAN CENDANA, Seberang Perai Tengah, Penang

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Transactions

4 transactions grouped by size

3,450 sqft
Double Storey Semi-D
RM 850,000
LORONG CENDANA 7
3,455 sqft · RM 246 PSF
5,000 sqft
Bungalow
RM 1,050,000
LORONG CENDANA 21
5,005 sqft · RM 210 PSF
RM 920,000
LORONG CENDANA 25
5,005 sqft · RM 184 PSF
7,100 sqft
Double Storey Semi-D
RM 950,000
LORONG CENDANA 11
7,115 sqft · RM 134 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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