TAMAN SRI CENDANA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 843K and a median price per square foot (PSF) of RM 259.
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 843K, with most transactions falling within a stable range of RM 800K to RM 885K, and a typical market range of RM 809K to RM 876K.
Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 259, with core pricing between RM 216 and RM 301. Market pricing typically extends from RM 214.13 to RM 302.88, reflecting moderate variation in unit pricing. The spread of RM 88.75 (IQR) and deviation of RM 43 (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. 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.
