Taman Cegar

14, Taman Cegar, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

6 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM290,000
Lorong Cegar 6
1,098 sqft RM264 PSF
RM350,000
Lorong Cegar 7
1,098 sqft RM319 PSF
RM320,000
Lorong Cegar 4
1,098 sqft RM291 PSF
RM280,000
Lorong Cegar 3
1,109 sqft RM253 PSF
RM280,000
Lorong Cegar 1
1,098 sqft RM255 PSF
RM330,000
Lorong Cegar 7
1,098 sqft RM301 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM305,000

RM278 psf

Median transaction price

Taman Cegar
© OpenStreetMap · CARTO

14, Taman Cegar, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Cegar in Seberang Perai Selatan, Penang recorded 6 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM305K and a median price per square foot (PSF) of RM278.

This area contains both residential and commercial properties. View 11 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM305K, with most transactions falling within a stable range of RM280K to RM332K, and a typical market range of RM280K to RM350K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM278, with most transactions between RM253 and RM303. The usual range is RM247.73 to RM307.73, showing that most units are priced quite close to each other. With an IQR of RM60.00 and MAD of RM25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.