Taman Mewah
11960 Bayan Lepas, Pulau Pinang, Malaysia
11960 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 130,000
|
RM 288
|
452 sqft
|
|
|
|
Level 1
|
RM 125,000
|
RM 276
|
452 sqft
|
|
|
|
Level 2
|
RM 160,000
|
RM 354
|
452 sqft
|
|
|
|
Level G
|
RM 150,000
|
RM 332
|
452 sqft
|
|
|
|
Level 2
|
RM 140,000
|
RM 310
|
452 sqft
|
|
|
|
Level 1
|
RM 140,000
|
RM 310
|
452 sqft
|
|
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Market Snapshot
ResidentialRM 135,000
RM 299 psfMedian transaction price
Taman Mewah, 11960 Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Mewah in Barat Daya, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 135K 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 135K, with most transactions falling within a stable range of RM 125K to RM 145K, and a typical market range of RM 124K to RM 146K.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 310, with most transactions between RM 287 and RM 333. The usual range is RM 285.93 to RM 333.43, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.50 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.
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.