Taman Cempedak
Tasek Gelugor, Pulau Pinang, Malaysia
Tasek Gelugor, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Lorong Cempedak 2
|
RM 180,000
|
RM 164
|
1,098 sqft
|
|
LC House |
|
Lorong Cempedak 20
|
RM 180,000
|
RM 164
|
1,098 sqft
|
|
LC House |
|
Lorong Cempedak 22
|
RM 230,000
|
RM 155
|
1,485 sqft
|
|
LC House |
|
Lorong Cempedak 10
|
RM 250,000
|
RM 192
|
1,302 sqft
|
|
LC House |
|
Lorong Cempedak 11
|
RM 155,000
|
RM 141
|
1,098 sqft
|
|
LC House |
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Market Snapshot
ResidentialRM 180,000
RM 164 psfMedian transaction price
Taman Cempedak, Tasek Gelugor, Pulau Pinang, Malaysia
MapsTaman Cempedak in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 164.
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 180K, with most transactions falling within a stable range of RM 155K to RM 215K, and a typical market range of RM 163K to RM 197K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 164, with core pricing between RM 147 and RM 181. Market pricing typically extends from RM 137.95 to RM 189.95, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.
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.