Taman Mewah

11960 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 127,500
PSF
RM 282
Price Size
450 sqft
LC Flat
RM 130,000
Level 1
452 sqft · RM 288 PSF
RM 125,000
Level 4
452 sqft · RM 276 PSF
RM 160,000
Level 3
452 sqft · RM 354 PSF
RM 110,000
Level 5
452 sqft · RM 243 PSF
Legend Recent Highest Price Highest PSF

Posts about Taman Mewah

Log in to post about Taman Mewah

No posts about Taman Mewah yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM 127,500

RM 282 psf

Median transaction price

Taman Mewah
© OpenStreetMap · CARTO

Taman Mewah, 11960 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Taman Mewah in Barat Daya, Penang recorded 4 subsale transactions in 2022, with a median price of RM 128K and a median price per square foot (PSF) of RM 282.

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 128K, with most transactions falling within a stable range of RM 110K to RM 146K, and a typical market range of RM 117K to RM 138K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 282, with core pricing between RM 242 and RM 322. Market pricing typically extends from RM 258.28 to RM 305.78, reflecting moderate variation in unit pricing. With an IQR of RM 47.50 and MAD of RM 40, 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.