Penang
Seberang Perai Tengah
12
TAMAN CENDANA INDAH

TAMAN CENDANA INDAH

Area Intelligence

2022

Median Price

RM 940,000

PSF: RM 212

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Residential PSF Trends

Median Price

RM 940,000

PSF: RM 212

TAMAN CENDANA INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 940K and a median price per square foot (PSF) of RM 212.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 940K, with most transactions falling within a stable range of RM 700K to RM 1.18 million, and a typical market range of RM 853K to RM 1.03 million.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 212, with core pricing between RM 188 and RM 236. Market pricing typically extends from RM 175.63 to RM 248.38, reflecting moderate variation in unit pricing. With an IQR of RM 72.75 and MAD of RM 24, 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 INDAH, Seberang Perai Tengah, Penang

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