Area Intelligence

TAMAN SRI MEWAH

15 properties
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Median Price
RM 850,000
PSF: RM 500

Residential Market

Median Price

RM 850,000

IQR: RM 138
MAD: RM 84
RM 518 PSF 4.4%

PSF Trends (2021-2025)

TAMAN SRI MEWAH in Barat Daya, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 850K and a median price per square foot (PSF) of RM 500.

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 850K, with most transactions falling within a stable range of RM 750K to RM 950K, and a typical market range of RM 775K to RM 925K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 500, though individual units vary from RM 398 to RM 602 in the core range. The broader market spans RM 405.75 to RM 594.25, indicating diverse property characteristics. The spread of RM 188.50 (IQR) and deviation of RM 102 (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.

Area Location

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TAMAN SRI MEWAH, Barat Daya, Penang

OSM

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Transactions

15 properties found

Double Storey Terraced LEBUHRAYA BATU MAUNG
RM 750,000
1,367 sqft Feb 2025
RM 549.00 PSF
Double Storey Terraced LEBUH BT. MAUNG 8
RM 700,000
1,399 sqft Jul 2024
RM 500.00 PSF
Double Storey Terraced LEBUH BATU MAUNG 1/2
RM 815,000
1,679 sqft May 2024
RM 485.00 PSF
Double Storey Terraced LEBUH BATU MAUNG 12
RM 860,000
1,399 sqft May 2024
RM 615.00 PSF
Single Storey Semi-D LEBUHRAYA BATU MAUNG
RM 720,000
2,691 sqft Nov 2023
RM 268.00 PSF
Double Storey Terraced LEBUH BT. MAUNG 6
RM 988,000
2,605 sqft Nov 2023
RM 379.00 PSF
Double Storey Terraced LEBUH BATU MAUNG 2
RM 1,260,000
3,488 sqft Oct 2023
RM 361.00 PSF
Double Storey Terraced LEBUH BATU MAUNG 1/2
RM 750,000
1,744 sqft Jul 2023
RM 430.00 PSF
Double Storey Terraced LEBUH BT. MAUNG 8
RM 900,000
1,399 sqft Apr 2023
RM 643.00 PSF
Double Storey Terraced LEBUH BATU MAUNG 8
RM 1,250,000
3,800 sqft Jan 2023
RM 329.00 PSF
Double Storey Terraced LEBUHRAYA BATU MAUNG
RM 900,000
1,496 sqft Dec 2022
RM 602.00 PSF
Single Storey Semi-D LEBUHRAYA BATU MAUNG
RM 850,000
3,100 sqft Oct 2022
RM 274.00 PSF
Double Storey Terraced LEBUHRAYA BATU MAUNG
RM 850,000
1,496 sqft Apr 2022
RM 568.00 PSF
Double Storey Terraced TINGKAT BATU MAUNG
RM 800,000
1,518 sqft Apr 2022
RM 527.00 PSF
Double Storey Terraced LEBUH BT MAUNG 7
RM 725,000
1,399 sqft Mar 2022
RM 518.00 PSF