Penang
Seberang Perai Utara
16
TAMAN CENGKEH INDAH

TAMAN CENGKEH INDAH

Area Intelligence

2024

Median Price

RM 2,380,000

PSF: RM 431

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Residential PSF Trends

Median Price

RM 2,380,000

PSF: RM 431

TAMAN CENGKEH INDAH in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 2.38 million and a median price per square foot (PSF) of RM 431.

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 2.38 million, with most transactions falling within a stable range of RM 2.38 million to RM 3.04 million, and a typical market range of RM 2.38 million to RM 2.68 million.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 431, though individual units vary from RM 332 to RM 531 in the core range. The broader market spans RM 386.13 to RM 475.88, indicating diverse property characteristics. The spread of RM 89.75 (IQR) and deviation of RM 100 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CENGKEH INDAH, Seberang Perai Utara, Penang

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