Area Intelligence

TAMAN CENDERAWASIH INDAH

9 properties
2023
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Median Price
RM 330,000
PSF: RM 224

Residential Market

Median Price

RM 330,000

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 9 subsale transactions in 2023, with a median price of RM 330K 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 330K, with most transactions falling within a stable range of RM 180K to RM 480K, and a typical market range of RM 248K to RM 413K.

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 224, though individual units vary from RM 139 to RM 309 in the core range. The broader market spans RM 139.00 to RM 309.00, indicating diverse property characteristics. A wider spread (IQR: RM 170.00) and deviation (MAD: RM 85) 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

9 properties grouped by size

600 sqft
3 units Town House
RM 95,000
603 sqft · RM 158.00 PSF
Dec 2023
RM 80,000
614 sqft · RM 130.00 PSF
Sep 2023
RM 68,000
614 sqft · RM 111.00 PSF
Mar 2023
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
1,300 sqft
2 units Double Storey Terraced
RM 450,000
LORONG CENDERAWASIH INDAH 6
1,302 sqft · RM 346.00 PSF
Sep 2023
RM 330,000
LORONG CENDERAWASIH INDAH 6
1,302 sqft · RM 253.00 PSF
Apr 2023
1,400 sqft
1 units Double Storey Terraced
RM 485,000
LORONG CENDERAWASIH INDAH 4
1,399 sqft · RM 347.00 PSF
Apr 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