Area Intelligence

TAMAN CENDERAWASIH INDAH

3 properties
Single Storey Terraced
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Median Price
RM 350,000
PSF: RM 224

Residential Market

Median Price

RM 350,000

IQR: RM 142
MAD: RM 84
RM 224 PSF 16.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 495,000

IQR: RM 4
MAD: RM 4
RM 354 PSF

PSF Trends (2021-2025)

TAMAN CENDERAWASIH INDAH in Seberang Perai Selatan, Penang recorded 3 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 350K and a median price per square foot (PSF) of RM 224.

This area contains both residential and commercial properties. View 18 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 RM 350K, with most transactions falling within a stable range of RM 314K to RM 360K, and a typical market range of RM 280K to RM 360K.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 224, though individual units vary from RM 173 to RM 275 in the core range. The broader market spans RM 139.00 to RM 309.00, indicating diverse property characteristics. The spread of RM 170.00 (IQR) and deviation of RM 51 (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.

Area Location

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TAMAN CENDERAWASIH INDAH, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

1,250 sqft
2 units Single Storey Terraced
RM 350,000
LORONG CENDERAWASIH INDAH 2
1,249 sqft · RM 280.00 PSF
Oct 2023
RM 280,000
LORONG CENDERAWASIH INDAH 2
1,249 sqft · RM 224.00 PSF
May 2023
2,350 sqft
1 units Single Storey Terraced
RM 360,000
LORONG CENDERAWASIH INDAH 2
2,325 sqft · RM 155.00 PSF
Mar 2023