Area Intelligence

TAMAN CENDERAWASIH INDAH

2 properties
2024
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Median Price
RM 225,000
PSF: RM 202

Residential Market

Median Price

RM 225,000

IQR: RM 142
MAD: RM 84
RM 202 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 subsale transactions in 2024, with a median price of RM 225K and a median price per square foot (PSF) of RM 202.

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 225K, with most transactions falling within a stable range of RM 65K to RM 385K, and a typical market range of RM 143K to RM 308K.

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 202, though individual units vary from RM 108 to RM 296 in the core range. The broader market spans RM 117.00 to RM 287.00, indicating diverse property characteristics. A wider spread (IQR: RM 170.00) and deviation (MAD: RM 94) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

600 sqft
1 units Town House
RM 65,000
603 sqft · RM 108.00 PSF
Mar 2024
1,300 sqft
1 units Double Storey Terraced
RM 385,000
LORONG CENDERAWASIH INDAH 6
1,302 sqft · RM 296.00 PSF
Apr 2024