Area Intelligence

TMN CENDERAWASIH

6 properties
2023
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Median Price
RM 285,000
PSF: RM 207

Residential Market

Median Price

RM 280,000

IQR: RM 81
MAD: RM 47
RM 203 PSF 20.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 375,000

IQR: RM 31
MAD: RM 2
RM 268 PSF 1.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN CENDERAWASIH in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2023, with a median price of RM 285K and a median price per square foot (PSF) of RM 207.

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 285K, with most transactions falling within a stable range of RM 216K to RM 354K, and a typical market range of RM 230K to RM 340K.

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 207, though individual units vary from RM 164 to RM 249 in the core range. The broader market spans RM 159.38 to RM 253.63, indicating diverse property characteristics. The spread of RM 94.25 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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

6 properties grouped by size

950 sqft
2 units Single Storey Terraced
RM 250,000
JLN. CENDERAWASIH 8
958 sqft · RM 261.00 PSF
Dec 2023
RM 150,000
JALAN CENDERAWASIH 14
958 sqft · RM 157.00 PSF
Nov 2023
1,400 sqft
3 units
RM 290,000
Single Storey Terraced JLN. CENDERAWASIH 14
1,378 sqft · RM 210.00 PSF
Apr 2023
RM 280,000
Single Storey Terraced JALAN CENDERAWASIH 1
1,378 sqft · RM 203.00 PSF
Feb 2023
RM 375,000
Double Storey Shop JLN CENDERAWASIH 3
1,399 sqft · RM 268.00 PSF
Jan 2023
1,900 sqft
1 units Single Storey Semi-D
RM 320,000
JALAN CENDERAWASIH 11
1,916 sqft · RM 167.00 PSF
Apr 2023