Area Intelligence

TAMAN CENDERAWASIH INDAH

2 properties
Double Storey Shop
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Median Price
RM 495,000
PSF: RM 354

Residential Market

Median Price

RM 355,000

IQR: RM 142
MAD: RM 84
RM 248 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 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 495K and a median price per square foot (PSF) of RM 354.

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 495K, with most transactions falling within a stable range of RM 490K to RM 500K, and a typical market range of RM 490K to RM 500K.

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

For price per square foot, the median is RM 354, with most transactions between RM 350 and RM 357. The usual range is RM 268.50 to RM 438.50, showing that most units are priced quite close to each other. With an IQR of RM 170.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN CENDERAWASIH INDAH, Seberang Perai Selatan, Penang

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Transactions

2 properties grouped by size

1,400 sqft
2 units Double Storey Shop
RM 490,000
JLN CENDERAWASIH 3
1,399 sqft · RM 350.00 PSF
Sep 2022
RM 500,000
JLN CENDERAWASIH 3
1,399 sqft · RM 357.00 PSF
Jun 2022