TAMAN CENDANA

Area Intelligence

2022

Median Price

RM 850,000

PSF: RM 246

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Residential PSF Trends

Median Price

RM 850,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 850,000

RM 431 PSF

TAMAN CENDANA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 246.

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.

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 246, with most transactions between RM 246 and RM 246. The usual range is RM 184.13 to RM 307.88, showing that most units are priced quite close to each other. With an IQR of RM 123.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CENDANA, Seberang Perai Tengah, Penang

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