Residential Market
Median Price
RM 832,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
18 properties
Median Price
RM 778,750
-2.6% CAGR
Median PSF
RM 494.25
-2.0% CAGR
Single Storey Terraced
7 properties
Median Price
RM 260,000
-13.3% CAGR
Median PSF
RM 131.00
+33.1% CAGR
Single Storey Semi-D
5 properties
Median Price
RM 580,000
+29.6% CAGR
Median PSF
RM 192.50
+39.2% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 550,000
Median PSF
RM 153.00
Low-Cost House
1 properties
Median Price
RM 100,000
Median PSF
RM 101.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 18 |
RM 778,750
±30K MAD
|
-2.57% |
RM 494.25
±17 MAD
|
-2.00% | |
| Single Storey Terraced | 7 |
RM 260,000
±12K MAD
|
-13.31% |
RM 131.00
±6 MAD
|
+33.05% | |
| Single Storey Semi-D | 5 |
RM 580,000
±75K MAD
|
+29.60% |
RM 192.50
±5 MAD
|
+39.15% | |
| Double Storey Semi-D | 1 |
RM 550,000
|
- |
RM 153.00
|
- | |
| Low-Cost House | 1 |
RM 100,000
|
- |
RM 101.00
|
- |
TAMAN SRI MEWAH in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 833K and a median price per square foot (PSF) of RM 493.
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 833K, with most transactions falling within a stable range of RM 750K to RM 915K, and a typical market range of RM 755K to RM 910K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 493, with core pricing between RM 400 and RM 585. Market pricing typically extends from RM 402.88 to RM 582.13, reflecting moderate variation in unit pricing. The spread of RM 179.25 (IQR) and deviation of RM 93 (MAD) suggest moderate price variations reflecting different property features.
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.