| Road | Price | PSF | Size | Date | Type |
|---|
|
Tingkat Batu Maung
|
RM 950,000
|
RM 588
|
1,615 sqft
|
|
|
Lebuh Batu Maung 2
|
RM 316,000
|
RM 171
|
1,851 sqft
|
|
|
|
Lebuh Batu Maung 2
|
RM 384,000
|
RM 207
|
1,851 sqft
|
|
|
|
Lebuh Batu. Maung 1/2
|
RM 730,000
|
RM 394
|
1,851 sqft
|
|
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Market Snapshot
ResidentialRM 557,000
RM 301 psfMedian transaction price
348, Lorong Khoo Hye Keat, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsTaman Sri Mewah in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 557K and a median price per square foot (PSF) of RM 301.
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 557K, with most transactions falling within a stable range of RM 316K to RM 815K, and a typical market range of RM 471K to RM 643K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 301, though individual units vary from RM 135 to RM 467 in the core range. The broader market spans RM 222.61 to RM 379.11, indicating diverse property characteristics. A wider spread (IQR: RM 156.50) and deviation (MAD: RM 166) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.