TAMAN DESA CAHAYA Property Investment Analysis

15, Seberang Perai Tengah, Penang

Median Price
RM 550,000
CAGR
-1.5%
Median PSF
RM 359.50
CAGR
+3.0%
Transactions
6
Period
2021-2024

PROPERTY TYPES OVERVIEW

TAMAN DESA CAHAYA in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 360.

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 550K, with most transactions falling within a stable range of RM 535K to RM 565K, and a typical market range of RM 539K to RM 561K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 360, with most transactions between RM 335 and RM 385. The usual range is RM 340.13 to RM 378.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.75 and an average deviation (MAD) of RM 25 indicate a highly stable PSF trend across properties.

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.

ADVANCED FILTERS

TRANSACTIONS

6 found
2 - 2 1/2 Storey Terraced
LORONG DESA CAHAYA 1
RM 500,000
PSF: RM 357.00
Area: 1,399 sqft
Date: Nov 2024
2 - 2 1/2 Storey Terraced
LRG DESA CAHAYA 3
RM 550,000
PSF: RM 393.00
Area: 1,399 sqft
Date: Mar 2024
2 - 2 1/2 Storey Terraced
LRG DESA CAHAYA 2
RM 880,000
PSF: RM 187.00
Area: 4,715 sqft
Date: Aug 2023
2 - 2 1/2 Storey Terraced
LRG DESA CAHAYA 2
RM 580,000
PSF: RM 362.00
Area: 1,604 sqft
Date: Nov 2022
2 - 2 1/2 Storey Terraced
JALAN PERNIAGAAN ALMA 1
RM 550,000
PSF: RM 393.00
Area: 1,399 sqft
Date: Apr 2022
2 - 2 1/2 Storey Terraced
LORONG DESA CAHAYA 4
RM 550,000
PSF: RM 343.00
Area: 1,604 sqft
Date: Nov 2021