Area Intelligence

TAMAN MEWAH

8 properties
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Median Price
RM 140,000
PSF: RM 310

Residential Market

Median Price

RM 140,000

IQR: RM 53
MAD: RM 28
RM 310 PSF 12.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MEWAH in Barat Daya, Penang recorded 8 subsale transactions between 2021 and 2025, 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 128K to RM 153K, and a typical market range of RM 128K to RM 152K.

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 282 and RM 338. The usual range is RM 283.75 to RM 336.25, showing that most units are priced quite close to each other. With an IQR of RM 52.50 and MAD of RM 28, 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.

Area Location

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TAMAN MEWAH, Barat Daya, Penang

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Transactions

8 properties grouped by size

450 sqft
8 units Low-Cost Flat
RM 160,000
452 sqft · RM 354.00 PSF
Apr 2024
RM 150,000
452 sqft · RM 332.00 PSF
Oct 2023
RM 140,000
452 sqft · RM 310.00 PSF
Jul 2023
RM 140,000
452 sqft · RM 310.00 PSF
May 2023
RM 130,000
452 sqft · RM 288.00 PSF
Sep 2022
RM 125,000
452 sqft · RM 276.00 PSF
Sep 2022
RM 160,000
452 sqft · RM 354.00 PSF
Aug 2022
RM 110,000
452 sqft · RM 243.00 PSF
May 2022