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 grouped by size

1,100 sqft
7 units Low-Cost House
RM 230,000
LORONG CEMPEDAK 3
1,098 sqft · RM 209.00 PSF
Aug 2024
RM 200,000
LORONG CEMPEDAK 11
1,109 sqft · RM 180.00 PSF
Jul 2024
RM 220,000
LORONG CEMPEDAK 22
1,098 sqft · RM 200.00 PSF
Jun 2024
RM 200,000
LORONG CEMPEDAK 5
1,098 sqft · RM 182.00 PSF
May 2024
RM 230,000
LORONG CEMPEDAK 5
1,098 sqft · RM 209.00 PSF
May 2024
RM 210,000
LORONG CEMPEDAK 11
1,098 sqft · RM 191.00 PSF
Mar 2024
RM 260,000
LORONG CHEMPEDAK 22
1,098 sqft · RM 237.00 PSF
Jan 2024
1,300 sqft
1 units Low-Cost House
RM 250,000
LORONG CEMPEDAK 3
1,324 sqft · RM 189.00 PSF
Jul 2024
2,400 sqft
1 units Low-Cost House
RM 350,000
LORONG CEMPEDAK 14
2,390 sqft · RM 146.00 PSF
Jan 2024