Taman Cendana
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Cendana 29
|
RM 790,000
|
RM 287
|
2,756 sqft
|
|
Semi-D |
|
Lorong Cendana 13
|
RM 710,000
|
RM 258
|
2,756 sqft
|
|
Semi-D |
|
Lorong Cendana 11
|
RM 675,000
|
RM 245
|
2,756 sqft
|
|
Semi-D |
| 2023 | |||||
|
Lorong Cendana 29
|
RM 810,000
|
RM 294
|
2,756 sqft
|
|
Semi-D |
| 2022 | |||||
|
Lorong Cendana 13
|
RM 705,000
|
RM 256
|
2,756 sqft
|
|
Semi-D |
|
Lorong Cendana 13
|
RM 590,000
|
RM 214
|
2,756 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 707,500
RM 257 psfMedian transaction price
Taman Cendana, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Cendana in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2026, sized between 2,725 and 2,774 sqft, with a median price of RM 708K and a median price per square foot (PSF) of RM 257.
This area contains both residential and commercial properties. View 21 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 708K, with most transactions falling within a stable range of RM 634K to RM 781K, and a typical market range of RM 590K to RM 810K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 257, with core pricing between RM 230 and RM 283. Market pricing typically extends from RM 201.25 to RM 312.25, reflecting moderate variation in unit pricing. With an IQR of RM 111.00 and MAD of RM 27, 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.