TAMAN CENDANA

Area Intelligence
2023
Median Price
RM 652,500
PSF: RM 247

Residential PSF Trends

Median Price

RM 652,500

PSF: RM 247

Commercial PSF Trends

Median Price

RM 850,000

RM 431 PSF

TAMAN CENDANA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 653K and a median price per square foot (PSF) of RM 247.

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 653K, with most transactions falling within a stable range of RM 495K to RM 810K, and a typical market range of RM 508K to RM 798K.

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

The median PSF stands at RM 247, with core pricing between RM 199 and RM 294. Market pricing typically extends from RM 184.63 to RM 308.38, reflecting moderate variation in unit pricing. The spread of RM 123.75 (IQR) and deviation of RM 48 (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

2 transactions grouped by size

2,500 sqft
Single Storey Semi-D
RM 495,000
LORONG CENDANA 15
2,486 sqft · RM 199 PSF
2,750 sqft
Double Storey Semi-D
RM 810,000
LORONG CENDANA 29
2,756 sqft · RM 294 PSF

No Properties For Sale

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

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