Penang
Seberang Perai Utara
13
TAMAN CEMPEDAK

TAMAN CEMPEDAK

Area Intelligence

2023

Median Price

RM 200,000

PSF: RM 182

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Residential PSF Trends

Median Price

RM 200,000

PSF: RM 182

TAMAN CEMPEDAK in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 182.

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 200K, with most transactions falling within a stable range of RM 175K to RM 220K, and a typical market range of RM 185K to RM 215K.

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

The median PSF stands at RM 182, with core pricing between RM 160 and RM 204. Market pricing typically extends from RM 159.00 to RM 205.00, reflecting moderate variation in unit pricing. With an IQR of RM 46.00 and MAD of RM 22, 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. 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

3 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	Land PSF	Land	Date	Type

1,100 sqft

Low-Cost House

1,100 sqft

Low-Cost House

RM 220,000

LORONG CEMPEDAK 7

1,098 sqft · RM 200 PSF

Oct 2023

RM 160,000

LORONG CEMPEDAK 13

1,098 sqft · RM 146 PSF

Apr 2023

RM 200,000

LORONG CEMPEDAK 6

1,098 sqft · RM 182 PSF

Feb 2023

LORONG CEMPEDAK 7	RM 220,000	RM 200	1,098 sqft	Oct 2023
LORONG CEMPEDAK 13	RM 160,000	RM 146	1,098 sqft	Apr 2023
LORONG CEMPEDAK 6	RM 200,000	RM 182	1,098 sqft	Feb 2023