Penang
Seberang Perai Utara
13
TAMAN CEMPEDAK

TAMAN CEMPEDAK

Area Intelligence

2021

Median Price

RM 160,000

PSF: RM 146

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Residential PSF Trends

Median Price

RM 160,000

PSF: RM 146

TAMAN CEMPEDAK in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2021, with a median price of RM 160K 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 160K, with most transactions falling within a stable range of RM 140K to RM 180K, and a typical market range of RM 145K to RM 175K.

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

The median PSF stands at RM 146, with core pricing between RM 121 and RM 171. Market pricing typically extends from RM 123.00 to RM 169.00, reflecting moderate variation in unit pricing. The spread of RM 46.00 (IQR) and deviation of RM 25 (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.

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TAMAN CEMPEDAK, Seberang Perai Utara, Penang

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