Taman Cempedak

Tasek Gelugor, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 220,000
PSF
RM 146
Price Size
1,100 sqft
LC 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
LC House
RM 220,000
Lorong Cempedak 15
2,228 sqft · RM 99 PSF
2,800 sqft
LC House
RM 280,000
Lorong Cempedak 18
2,788 sqft · RM 100 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 220,000

RM 146 psf

Median transaction price

Taman Cempedak
© OpenStreetMap · CARTO

Taman Cempedak, Tasek Gelugor, Pulau Pinang, Malaysia

Maps

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 203K to RM 237K.

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 104 to RM 187 in the core range. The broader market spans RM 119.73 to RM 171.73, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) 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.