Area Intelligence

TAMAN CENDANA

5 properties
2024
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Median Price
RM 710,000
PSF: RM 287

Residential Market

Median Price

RM 692,500

IQR: RM 91
MAD: RM 48
RM 273 PSF 12.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,000,000

IQR: RM 70
MAD: RM 70
RM 361 PSF 15.0%

PSF Trends (2021-2025)

TAMAN CENDANA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 710K and a median price per square foot (PSF) of RM 287.

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 710K, with most transactions falling within a stable range of RM 556K to RM 864K, and a typical market range of RM 565K to RM 855K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 287, though individual units vary from RM 219 to RM 355 in the core range. The broader market spans RM 225.13 to RM 348.88, indicating diverse property characteristics. The spread of RM 123.75 (IQR) and deviation of RM 68 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TAMAN CENDANA, Seberang Perai Tengah, Penang

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Transactions

5 properties grouped by size

1,250 sqft
1 units Double Storey Terraced
RM 530,000
LRG CENDANA 17
1,249 sqft · RM 424.00 PSF
Oct 2024
2,750 sqft
4 units
RM 790,000
Double Storey Semi-D LORONG CENDANA 29
2,756 sqft · RM 287.00 PSF
Jun 2024
RM 710,000
Double Storey Semi-D LORONG CENDANA 13
2,756 sqft · RM 258.00 PSF
Apr 2024
RM 1,000,000
Double Storey Shop JALAN KEBUN BARU
2,766 sqft · RM 361.00 PSF
Feb 2024
RM 675,000
Double Storey Semi-D LORONG CENDANA 11
2,756 sqft · RM 245.00 PSF
Jan 2024