Seberang Perai Selatan, Penang · Freehold · 19 transactions
Median Price
RM350K
RM95K – RM400K
Median PSF
RM249
RM158 – RM302
Transactions
19
2022-02 to 2024-04
Size Range
603 – 1604
sq.ft (built-up)
Data-driven insights for TAMAN CENDERAWASIH INDAH
Earliest PSF (2022)
RM249
Current PSF (2024)
RM240
Capital Gain
-3.7%
Total Return (est.)
2.1% p.a.
| Capital appreciation (2 years) | -3.7% |
| Annualised capital return | -1.9% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -2.7% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 600 sqft | 5 | RM80K | RM130 |
| 850 sqft | 3 | RM350K | RM422 |
| 1,600 sqft | 10 | RM400K | RM249 |
PSF Trend: Stable
PSF moved from RM249 (2022) to RM240 (2024)
Liquidity: Moderate
19 transactions over 2 years (~10/year)
30% below Seberang Perai Selatan average
This project: RM249 PSF vs Seberang Perai Selatan median: RM354 PSF
Est. Total Return: 2.1% p.a. (below FD)
Capital loss (-1.9% p.a.) + rental yield (~4% p.a.)
TAMAN CENDERAWASIH INDAH delivers a modest estimated total return of 2.1% p.a. — comprising -1.9% capital depreciation and ~4% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 30% below the Seberang Perai Selatan average — potentially undervalued. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM240 | RM385K |
| Mar 2024 | Town House | Freehold | 603 | RM108 | RM65K |
| Dec 2023 | Town House | Freehold | 603 | RM158 | RM95K |
| Oct 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 829 | RM422 | RM350K |
| Sept 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM281 | RM450K |
14 more transactions hidden
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 19 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Selatan & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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