Area Intelligence

TMN SRI CENDANA

2 properties
2023
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Median Price
RM 925,000
PSF: RM 240

Residential Market

Median Price

RM 925,000

IQR: RM 83
MAD: RM 43
RM 240 PSF 0.3%

PSF Trends (2021-2025)

TMN SRI CENDANA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 925K and a median price per square foot (PSF) of RM 240.

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 925K, with most transactions falling within a stable range of RM 850K to RM 1.00 million, and a typical market range of RM 883K to RM 968K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 240, though individual units vary from RM 157 to RM 322 in the core range. The broader market spans RM 198.00 to RM 281.00, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 83) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN SRI CENDANA, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

2,650 sqft
1 units Double Storey Semi-D
RM 850,000
JLN SRI CENDANA 2
2,637 sqft · RM 322.00 PSF
Dec 2023
6,350 sqft
1 units Detached
RM 1,000,000
JALAN SRI CENDANA 2
6,361 sqft · RM 157.00 PSF
Jan 2023