Penang
Seberang Perai Tengah
12
TAMAN CENDANA PERMAI

TAMAN CENDANA PERMAI

Area Intelligence

2022

Median Price

RM 500,000

PSF: RM 325

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 325

TAMAN CENDANA PERMAI in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 325.

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 500K, with most transactions falling within a stable range of RM 485K to RM 505K, and a typical market range of RM 470K to RM 505K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 325, with most transactions between RM 315 and RM 335. The usual range is RM 258.63 to RM 391.38, showing that most units are priced quite close to each other. With an IQR of RM 132.75 and MAD of RM 10, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CENDANA PERMAI, Seberang Perai Tengah, Penang

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Transactions

3 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,550 sqft

Double Storey Terraced

1,550 sqft

Double Storey Terraced

RM 500,000

LORONG CENDANA PERMAI 6

1,539 sqft · RM 325 PSF

Aug 2022

RM 505,000

LORONG CENDANA PERMAI 8

1,539 sqft · RM 328 PSF

Jul 2022

RM 470,000

LORONG CENDANA PERMAI 4

1,539 sqft · RM 305 PSF

Feb 2022

LORONG CENDANA PERMAI 6	RM 500,000	RM 325	1,539 sqft	Aug 2022
LORONG CENDANA PERMAI 8	RM 505,000	RM 328	1,539 sqft	Jul 2022
LORONG CENDANA PERMAI 4	RM 470,000	RM 305	1,539 sqft	Feb 2022