TAMAN MEWAH
Residential Market
Median Price
RM 140,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
35 properties
Median Price
RM 167,500
+4.8% CAGR
Median PSF
RM 217.00
+3.7% CAGR
Flat
16 properties
Median Price
RM 45,000
-4.5% CAGR
Median PSF
RM 67.00
-4.6% CAGR
Single Storey Terraced
13 properties
Median Price
RM 242,500
-8.4% CAGR
Median PSF
RM 140.50
+2.4% CAGR
Single Storey Semi-D
9 properties
Median Price
RM 350,000
+7.1% CAGR
Median PSF
RM 109.00
-6.2% CAGR
Low-Cost Flat
8 properties
Median Price
RM 140,000
+12.0% CAGR
Median PSF
RM 310.00
+12.0% CAGR
Single Storey Shop
5 properties
Median Price
RM 307,500
+9.4% CAGR
Median PSF
RM 201.25
+8.4% CAGR
Double Storey Shop
5 properties
Median Price
RM 367,500
+57.9% CAGR
Median PSF
RM 253.50
+74.1% CAGR
Double Storey Terraced
5 properties
Median Price
RM 335,000
+9.7% CAGR
Median PSF
RM 187.50
+9.7% CAGR
Double Storey Semi-D
4 properties
Median Price
RM 495,000
-2.6% CAGR
Median PSF
RM 175.50
+9.4% CAGR
Bungalow
3 properties
Median Price
RM 445,000
-6.5% CAGR
Median PSF
RM 68.25
-2.2% CAGR
3-Storey Shop
2 properties
Median Price
RM 982,500
+0.3% CAGR
Median PSF
RM 702.00
+0.3% CAGR
Low-Cost House
2 properties
Median Price
RM 119,000
-0.8% CAGR
Median PSF
RM 114.00
-0.9% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Condo/Apartment | 35 |
RM 167,500
±8K MAD
|
+4.80% |
RM 217.00
±5 MAD
|
+3.68% | |
| Flat | 16 |
RM 45,000
|
-4.55% |
RM 67.00
|
-4.58% | |
| Single Storey Terraced | 13 |
RM 242,500
±36K MAD
|
-8.37% |
RM 140.50
±25 MAD
|
+2.44% | |
| Single Storey Semi-D | 9 |
RM 350,000
±45K MAD
|
+7.12% |
RM 109.00
±11 MAD
|
-6.15% | |
| Low-Cost Flat | 8 |
RM 140,000
±13K MAD
|
+12.02% |
RM 310.00
±28 MAD
|
+12.04% | |
| Single Storey Shop | 5 |
RM 307,500
±28K MAD
|
+9.38% |
RM 201.25
±16 MAD
|
+8.43% | |
| Double Storey Shop | 5 |
RM 367,500
±83K MAD
|
+57.89% |
RM 253.50
±69 MAD
|
+74.05% | |
| Double Storey Terraced | 5 |
RM 335,000
±25K MAD
|
+9.74% |
RM 187.50
±21 MAD
|
+9.70% | |
| Double Storey Semi-D | 4 |
RM 495,000
±25K MAD
|
-2.56% |
RM 175.50
±35 MAD
|
+9.39% | |
| Bungalow | 3 |
RM 445,000
±15K MAD
|
-6.52% |
RM 68.25
±1 MAD
|
-2.17% | |
| 3-Storey Shop | 2 |
RM 982,500
±3K MAD
|
+0.25% |
RM 702.00
±2 MAD
|
+0.29% | |
| Low-Cost House | 2 |
RM 119,000
±1K MAD
|
-0.84% |
RM 114.00
±1 MAD
|
-0.87% |
TAMAN MEWAH in Barat Daya, Penang recorded 8 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 140K and a median price per square foot (PSF) of RM 310.
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 140K, with most transactions falling within a stable range of RM 124K to RM 156K, and a typical market range of RM 128K to RM 152K.
Within the Low-Cost Flat category, low-cost flat dominated the market, with minimal variety in property types.
The median PSF stands at RM 310, with core pricing between RM 274 and RM 346. Market pricing typically extends from RM 283.75 to RM 336.25, reflecting moderate variation in unit pricing. With an IQR of RM 52.50 and MAD of RM 36, 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.
Filter by type, year, price, and size
Transactions
8 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 160,000
|
RM 354.00
|
452 sqft
|
Apr 2024
|
||
|
RM 150,000
|
RM 332.00
|
452 sqft
|
Oct 2023
|
||
|
RM 140,000
|
RM 310.00
|
452 sqft
|
Jul 2023
|
||
|
RM 140,000
|
RM 310.00
|
452 sqft
|
May 2023
|
||
|
RM 130,000
|
RM 288.00
|
452 sqft
|
Sep 2022
|
||
|
RM 125,000
|
RM 276.00
|
452 sqft
|
Sep 2022
|
||
|
RM 160,000
|
RM 354.00
|
452 sqft
|
Aug 2022
|
||
|
RM 110,000
|
RM 243.00
|
452 sqft
|
May 2022
|