Taman Cendana
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 1,035,000
RM 182 psfMedian transaction price
Taman Cendana, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Cendana in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 1.04 million and a median price per square foot (PSF) of RM 182.
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 1.04 million, with most transactions falling within a stable range of RM 420K to RM 1.65 million, and a typical market range of RM 895K to RM 1.18 million.
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 182, with most transactions between RM 170 and RM 194. The usual range is RM 126.47 to RM 237.47, showing that most units are priced quite close to each other. With an IQR of RM 111.00 and MAD of RM 12, 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.