Taman Cendana

14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Median
RM1,035,000
PSF
RM182
Price Size
Period
transactions middle 50% (P25–P75)
RM420,000
Lorong Cendana 15
2,476 sqft RM170 PSF
RM1,650,000
Lorong Cendana 23
8,493 sqft RM194 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,035,000

RM182 psf

Median transaction price

Low

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Taman Cendana
© OpenStreetMap · CARTO

Taman Cendana, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Cendana in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM1.04 million and a median price per square foot (PSF) of RM182.

This area contains both residential and commercial properties. View 21 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 RM1.04 million, with most transactions falling within a stable range of RM420K to RM1.65 million, and a typical market range of RM895K to RM1.18 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM182, with most transactions between RM170 and RM194. The usual range is RM126.47 to RM237.47, showing that most units are priced quite close to each other. With an IQR of RM111.00 and MAD of RM12, 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.