TAMAN CENDANA

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

Residential PSF Trends

Median Price

RM 635,000

PSF: RM 228

Commercial PSF Trends

Median Price

RM 850,000

RM 431 PSF

TAMAN CENDANA in Seberang Perai Tengah, Penang recorded 6 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 531K to RM 739K, and a typical market range of RM 530K to RM 780K.

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

For price per square foot, the median is RM 228, with most transactions between RM 207 and RM 249. The usual range is RM 166.13 to RM 289.88, showing that most units are priced quite close to each other. With an IQR of RM 123.75 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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

6 transactions grouped by size

2,700 sqft
Double Storey Semi-D
RM 530,000
LORONG CENDANA 27
2,680 sqft · RM 198 PSF
2,750 sqft
Double Storey Semi-D
RM 705,000
LORONG CENDANA 13
2,756 sqft · RM 256 PSF
RM 590,000
LORONG CENDANA 13
2,756 sqft · RM 214 PSF
2,800 sqft
Double Storey Semi-D
RM 680,000
LORONG CENDANA 15
2,809 sqft · RM 242 PSF
RM 590,000
LORONG CENDANA 15
2,788 sqft · RM 212 PSF
3,450 sqft
Double Storey Semi-D
RM 850,000
LORONG CENDANA 7
3,455 sqft · RM 246 PSF

No Properties For Sale

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

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