Taman Cegar

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

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM590,000
Lorong Cegar 16
1,604 sqft RM368 PSF
RM420,000
Lorong Cegar 12
1,604 sqft RM262 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM505,000

RM315 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 2 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM505K and a median price per square foot (PSF) of RM315.

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 RM505K, with most transactions falling within a stable range of RM420K to RM590K, and a typical market range of RM420K to RM590K.

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

The median PSF stands at RM315, with core pricing between RM262 and RM368. Market pricing typically extends from RM284.94 to RM344.94, reflecting moderate variation in unit pricing. The spread of RM60.00 (IQR) and deviation of RM53 (MAD) suggest moderate price variations reflecting different property features.

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.