Area Intelligence

TAMAN CEMPEDAK

9 properties
2024
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Median Price
RM 230,000
PSF: RM 191

Residential Market

Median Price

RM 230,000

IQR: RM 48
MAD: RM 23
RM 191 PSF 9.4%

PSF Trends (2021-2025)

TAMAN CEMPEDAK in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2024, with a median price of RM 230K and a median price per square foot (PSF) of RM 191.

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 230K, with most transactions falling within a stable range of RM 200K to RM 274K, and a typical market range of RM 210K to RM 250K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 191, with core pricing between RM 167 and RM 215. Market pricing typically extends from RM 167.00 to RM 215.00, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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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TAMAN CEMPEDAK, Seberang Perai Utara, Penang

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Transactions

9 properties found

Low-Cost House LORONG CEMPEDAK 3
RM 230,000
1,098 sqft Aug 2024
RM 209.00 PSF
Low-Cost House LORONG CEMPEDAK 3
RM 250,000
1,324 sqft Jul 2024
RM 189.00 PSF
Low-Cost House LORONG CEMPEDAK 11
RM 200,000
1,109 sqft Jul 2024
RM 180.00 PSF
Low-Cost House LORONG CEMPEDAK 22
RM 220,000
1,098 sqft Jun 2024
RM 200.00 PSF
Low-Cost House LORONG CEMPEDAK 5
RM 200,000
1,098 sqft May 2024
RM 182.00 PSF
Low-Cost House LORONG CEMPEDAK 5
RM 230,000
1,098 sqft May 2024
RM 209.00 PSF
Low-Cost House LORONG CEMPEDAK 11
RM 210,000
1,098 sqft Mar 2024
RM 191.00 PSF
Low-Cost House LORONG CEMPEDAK 14
RM 350,000
2,390 sqft Jan 2024
RM 146.00 PSF
Low-Cost House LORONG CHEMPEDAK 22
RM 260,000
1,098 sqft Jan 2024
RM 237.00 PSF