Penang
Seberang Perai Utara
16
TAMAN CENGKEH INDAH

TAMAN CENGKEH INDAH

Area Intelligence

Median Price

RM 2,260,000

PSF: RM 431

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Residential PSF Trends

Median Price

RM 2,260,000

PSF: RM 431

TAMAN CENGKEH INDAH in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 2.26 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 2.26 million, with most transactions falling within a stable range of RM 2.26 million to RM 2.98 million, and a typical market range of RM 2.26 million to RM 2.56 million.

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

For price per square foot, the median is RM 431, with most transactions between RM 427 and RM 436. The usual range is RM 386.13 to RM 475.88, showing that most units are priced quite close to each other. With an IQR of RM 89.75 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CENGKEH INDAH, Seberang Perai Utara, Penang

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