TAMAN CENDANA

Area Intelligence
2024
Median Price
RM 750,000
PSF: RM 273

Residential PSF Trends

Median Price

RM 710,000

PSF: RM 258

Commercial PSF Trends

Median Price

RM 1,000,000

RM 361 PSF

TAMAN CENDANA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 750K and a median price per square foot (PSF) of RM 273.

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 750K, with most transactions falling within a stable range of RM 675K to RM 876K, and a typical market range of RM 675K to RM 895K.

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

The median PSF stands at RM 273, with core pricing between RM 228 and RM 317. Market pricing typically extends from RM 210.63 to RM 334.38, reflecting moderate variation in unit pricing. The spread of RM 123.75 (IQR) and deviation of RM 45 (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

2,750 sqft
RM 790,000
LORONG CENDANA 29
2,756 sqft · RM 287 PSF
RM 710,000
LORONG CENDANA 13
2,756 sqft · RM 258 PSF
RM 1,000,000
JALAN KEBUN BARU
2,766 sqft · RM 361 PSF
RM 675,000
LORONG CENDANA 11
2,756 sqft · RM 245 PSF

No Properties For Sale

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

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