Area Intelligence

TMN SRI CENDANA

5 properties
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Median Price
RM 850,000
PSF: RM 260

Residential Market

Median Price

RM 850,000

IQR: RM 83
MAD: RM 43
RM 260 PSF 0.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SRI CENDANA in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 850K and a median price per square foot (PSF) of RM 260.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 850K, with most transactions falling within a stable range of RM 800K to RM 900K, and a typical market range of RM 808K to RM 893K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 260, with core pricing between RM 217 and RM 303. Market pricing typically extends from RM 218.50 to RM 301.50, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 43 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SRI CENDANA, Seberang Perai Tengah, Penang

OSM

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Transactions

5 properties grouped by size

2,650 sqft
2 units Double Storey Semi-D
RM 800,000
JALAN SRI CENDANA 2
2,669 sqft · RM 300.00 PSF
Jun 2024
RM 850,000
JLN SRI CENDANA 2
2,637 sqft · RM 322.00 PSF
Dec 2023
2,800 sqft
1 units Double Storey Semi-D
RM 725,000
JLN SRI CENDANA 2
2,788 sqft · RM 260.00 PSF
Aug 2022
4,100 sqft
1 units Double Storey Semi-D
RM 885,000
JALAN SERI CENDANA 2
4,080 sqft · RM 217.00 PSF
Jul 2024
6,350 sqft
1 units Detached
RM 1,000,000
JALAN SRI CENDANA 2
6,361 sqft · RM 157.00 PSF
Jan 2023