Area Intelligence

TAMAN CENDANA

2 properties
Double Storey Shop
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Median Price
RM 850,000
PSF: RM 431

Residential Market

Median Price

RM 690,000

IQR: RM 91
MAD: RM 48
RM 246 PSF 12.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 850,000

IQR: RM 70
MAD: RM 70
RM 431 PSF 15.0%

PSF Trends (2021-2025)

TAMAN CENDANA in Seberang Perai Tengah, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 850K and a median price per square foot (PSF) of RM 431.

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. The median price is RM 850K, with most transactions falling within a stable range of RM 700K to RM 1.00 million, and a typical market range of RM 705K to RM 995K.

Within the Double Storey Shop category, 2 - 2 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 431, with core pricing between RM 361 and RM 500. Market pricing typically extends from RM 368.63 to RM 492.38, reflecting moderate variation in unit pricing. The spread of RM 123.75 (IQR) and deviation of RM 70 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TAMAN CENDANA, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 700,000
JALAN CENDANA
1,399 sqft · RM 500.00 PSF
Oct 2022
2,750 sqft
1 units Double Storey Shop
RM 1,000,000
JALAN KEBUN BARU
2,766 sqft · RM 361.00 PSF
Feb 2024