Area Intelligence

TMN CENDERAWASIH

11 properties
2022
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Median Price
RM 180,000
PSF: RM 188

Residential Market

Median Price

RM 180,000

IQR: RM 81
MAD: RM 47
RM 188 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 11 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 188.

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 180K, with most transactions falling within a stable range of RM 134K to RM 226K, and a typical market range of RM 130K to RM 235K.

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

Price per square foot shows a median of RM 188, though individual units vary from RM 147 to RM 229 in the core range. The broader market spans RM 140.88 to RM 235.13, indicating diverse property characteristics. The spread of RM 94.25 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

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

11 properties grouped by size

950 sqft
10 units (showing 6) Single Storey Terraced
RM 170,000
JALAN CENDERAWASIH 5
958 sqft · RM 177.00 PSF
Nov 2022
RM 180,000
JLN. CENDERAWASIH 5
958 sqft · RM 188.00 PSF
Nov 2022
RM 208,000
JLN. CENDERAWASIH 14
958 sqft · RM 217.00 PSF
Nov 2022
RM 260,000
JLN. CENDERAWASIH18
958 sqft · RM 271.00 PSF
Nov 2022
RM 250,000
JALAN CENDERAWASIH 6
958 sqft · RM 261.00 PSF
Sep 2022
RM 175,000
JALAN CENDERAWASIH 14
958 sqft · RM 183.00 PSF
Aug 2022
2,000 sqft
1 units Single Storey Terraced
RM 290,000
JALAN CENDERAWASIH 14
2,002 sqft · RM 145.00 PSF
Sep 2022