Area Intelligence

TAMAN CENDERAWASIH INDAH

10 properties
2022
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Median Price
RM 400,000
PSF: RM 292

Residential Market

Median Price

RM 394,000

IQR: RM 142
MAD: RM 84
RM 265 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 10 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 292.

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 400K, with most transactions falling within a stable range of RM 284K to RM 500K, and a typical market range of RM 318K to RM 483K.

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

Price per square foot shows a median of RM 292, though individual units vary from RM 208 to RM 376 in the core range. The broader market spans RM 207.00 to RM 377.00, indicating diverse property characteristics. A wider spread (IQR: RM 170.00) and deviation (MAD: RM 84) indicate significant PSF variations, likely due to diverse property types or conditions.

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

10 properties grouped by size

600 sqft
1 units Town House
RM 80,000
614 sqft · RM 130.00 PSF
Feb 2022
1,300 sqft
2 units Double Storey Terraced
RM 445,000
LORONG CENDERAWASIH INDAH 6
1,302 sqft · RM 342.00 PSF
Nov 2022
RM 388,000
JALAN CENDERAWASIH INDAH
1,302 sqft · RM 298.00 PSF
Aug 2022
1,400 sqft
5 units
RM 490,000
Double Storey Shop JLN CENDERAWASIH 3
1,399 sqft · RM 350.00 PSF
Sep 2022
RM 500,000
Double Storey Shop JLN CENDERAWASIH 3
1,399 sqft · RM 357.00 PSF
Jun 2022
RM 448,000
Double Storey Terraced LORONG CENDERAWASIH INDAH 6
1,378 sqft · RM 325.00 PSF
Jun 2022
RM 340,000
Double Storey Terraced LORONG CENDERAWASIH 4
1,399 sqft · RM 243.00 PSF
Mar 2022
RM 400,000
Double Storey Terraced LORONG CENDERAWASIH INDAH 2
1,399 sqft · RM 286.00 PSF
Mar 2022
1,950 sqft
1 units Double Storey Terraced
RM 400,000
LORONG CENDERAWASIH INDAH 6
1,948 sqft · RM 205.00 PSF
Nov 2022
2,500 sqft
1 units Single Storey Semi-D
RM 300,000
JALAN CENDERAWASIH 2
2,476 sqft · RM 121.00 PSF
Jul 2022