TAMAN CEMPEDAK

Area Intelligence
2023
Median Price
RM 220,000
PSF: RM 146

Residential PSF Trends

Median Price

RM 220,000

PSF: RM 146

TAMAN CEMPEDAK in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 146.

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 220K, with most transactions falling within a stable range of RM 181K to RM 259K, and a typical market range of RM 205K to RM 235K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 146, though individual units vary from RM 105 to RM 187 in the core range. The broader market spans RM 123.00 to RM 169.00, indicating diverse property characteristics. A wider spread (IQR: RM 46.00) and deviation (MAD: RM 41) 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.

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TAMAN CEMPEDAK, Seberang Perai Utara, Penang

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Transactions

5 transactions grouped by size

1,100 sqft
Low-Cost House
RM 220,000
LORONG CEMPEDAK 7
1,098 sqft · RM 200 PSF
RM 160,000
LORONG CEMPEDAK 13
1,098 sqft · RM 146 PSF
RM 200,000
LORONG CEMPEDAK 6
1,098 sqft · RM 182 PSF
2,250 sqft
Low-Cost House
RM 220,000
LORONG CEMPEDAK 15
2,228 sqft · RM 99 PSF
2,800 sqft
Low-Cost House
RM 280,000
LORONG CEMPEDAK 18
2,788 sqft · RM 100 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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