TAMAN CEMPEDAK

TAMAN CEMPEDAK in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 164.

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 180K, with most transactions falling within a stable range of RM 155K to RM 215K, and a typical market range of RM 160K to RM 200K.

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

The median PSF stands at RM 164, with core pricing between RM 147 and RM 181. Market pricing typically extends from RM 140.00 to RM 188.00, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 17, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.