Penaga Overview

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Penaga

Penang, Malaysia

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Penaga is a town located in Seberang Perai, the mainland half of Penang state in Malaysia. Here's some information on the town:

Penaga is a small town with a population of around 10,000 people, made up mostly of Malays, Chinese and Indians.

Penaga offers a mix of landed properties and low-rise apartments, including terrace houses, semi-detached houses, and bungalows. There are also some affordable housing developments in the area, such as the Taman Seri Sejahtera and Taman Penaga Jaya housing projects.

There are several popular housing developments in Penaga, Seberang Perai, Malaysia. One of them is Taman Penaga Indah, which offers a variety of landed properties such as terrace houses, semi-detached houses, and bungalows. Another popular development is Taman Penaga Jaya, which features single-storey terrace houses and semi-detached houses.

Other notable housing developments in Penaga include Taman Seri Damai, Taman Kerian Setia, Taman Sri Penaga, and Taman Penaga Baru. These developments offer a range of landed properties, including terrace houses, semi-detached houses, and bungalows.

In addition, there are also several low-cost housing schemes in Penaga, such as the Penang State Government's People's Housing Project (PPR) and Rumah Mesra Rakyat (RMR) schemes, which provide affordable housing for low-income families.

Penaga is known for its delicious local food, such as Penang laksa, nasi kandar, and char koay teow. Some of the popular food spots in Penaga include the Nasi Kandar Ameer Ali, Pasembur Che Daud, and the Penaga Restoran.

One of the main attractions in Penaga is the Penaga Rice Museum, which showcases the history of rice cultivation in Malaysia. Visitors can also check out the nearby Bukit Mertajam Recreational Forest for hiking and outdoor activities, or visit the nearby town of Bukit Mertajam for more sights and attractions.

Penaga is a quiet town that offers a peaceful and relaxed lifestyle. The town has basic amenities such as schools, supermarkets, and medical clinics, making it a convenient place to live. The town is also relatively close to the Penang Bridge, which provides easy access to the island of Penang.

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What Penaga Locals Feel

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  • Accessibility
  • How easy it is reach or enter. This includes public transport, quality of roads, traffic and road connectivity.
  • Safety
  • Protection from or unlikely to cause danger, risk, or injury. This includes crime rates and security.
  • Convenience
  • Access to public places without difficulty. This includes amenities, nearby schools, places of worship.
  • Nature
  • Collectively plants, animals, the landscape, and other features and products of the earth. This includes public parks, nature reserves, public gardens.
  • Community
  • Collectively plants, animals, the landscape, and other features and products of the earth. This includes public parks, nature reserves, public gardens.
  • Schools
  • Availability of schools in the area.

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Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Penaga *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)
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This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

Did you know?

Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Consumer Price Index

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.742% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.169% in the year 2014 while surging by 2.529% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 110.7 in 2014, 113.5 in 2015.

This is a representation of Penang Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

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