Area Intelligence

TMN CENDERAWASIH

3 properties
2021
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Median Price
RM 190,000
PSF: RM 167

Residential Market

Median Price

RM 190,000

IQR: RM 81
MAD: RM 47
RM 167 PSF 20.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 377,500

IQR: RM 31
MAD: RM 2
RM 270 PSF 1.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN CENDERAWASIH in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 190K and a median price per square foot (PSF) of RM 167.

This area contains both residential and commercial properties. View 27 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 190K, with most transactions falling within a stable range of RM 173K to RM 200K, and a typical market range of RM 160K to RM 200K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 167, with core pricing between RM 149 and RM 185. Market pricing typically extends from RM 119.88 to RM 214.13, reflecting moderate variation in unit pricing. With an IQR of RM 94.25 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.

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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TMN CENDERAWASIH, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

950 sqft
2 units Single Storey Terraced
RM 190,000
JALAN CENDERAWASIH 5
936 sqft · RM 203.00 PSF
Oct 2021
RM 160,000
JALAN CENDERAWASIH 16
958 sqft · RM 167.00 PSF
Oct 2021
1,250 sqft
1 units Single Storey Terraced
RM 200,000
JALAN CENDERAWASIH 8
1,227 sqft · RM 163.00 PSF
Nov 2021