TAMAN CEMPEDAK

Area Intelligence
2023
Median Price
RM 250,000
PSF: RM 100

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 100

TAMAN CEMPEDAK in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 100.

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 250K, with most transactions falling within a stable range of RM 220K to RM 280K, and a typical market range of RM 235K to RM 265K.

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

For price per square foot, the median is RM 100, with most transactions between RM 99 and RM 100. The usual range is RM 76.50 to RM 122.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 1 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.

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TAMAN CEMPEDAK, Seberang Perai Utara, Penang

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Transactions

2 transactions grouped by size

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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