TAMAN SRI MEWAH
Residential Market
Median Price
RM 850,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
19 properties
Median Price
RM 220,000
+6.5% CAGR
Median PSF
RM 143.00
+6.6% CAGR
Single Storey Semi-D
4 properties
Median Price
RM 315,000
+5.3% CAGR
Median PSF
RM 100.50
-7.7% CAGR
Low-Cost House
3 properties
Median Price
RM 171,250
-9.7% CAGR
Median PSF
RM 131.50
+3.9% CAGR
Single Storey Shop
1 properties
Median Price
RM 360,000
Median PSF
RM 257.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 19 |
RM 220,000
±26K MAD
|
+6.55% |
RM 143.00
±5 MAD
|
+6.62% | |
| Single Storey Semi-D | 4 |
RM 315,000
±25K MAD
|
+5.27% |
RM 100.50
±12 MAD
|
-7.67% | |
| Low-Cost House | 3 |
RM 171,250
±9K MAD
|
-9.72% |
RM 131.50
±3 MAD
|
+3.88% | |
| Single Storey Shop | 1 |
RM 360,000
|
- |
RM 257.00
|
- |
TAMAN SRI MEWAH in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 527.
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 791K to RM 900K, and a typical market range of RM 775K to RM 900K.
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 527, though individual units vary from RM 411 to RM 643 in the core range. The broader market spans RM 432.75 to RM 621.25, indicating diverse property characteristics. The spread of RM 188.50 (IQR) and deviation of RM 116 (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.
Filter by type, year, price, and size
Transactions
5 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LEBUH BT MAUNG 7
|
RM 725,000
|
RM 518.00
|
1,399 sqft
|
Mar 2022
|
|
LEBUHRAYA BATU MAUNG
|
RM 900,000
|
RM 602.00
|
1,496 sqft
|
Dec 2022
|
|
|
LEBUHRAYA BATU MAUNG
|
RM 850,000
|
RM 568.00
|
1,496 sqft
|
Apr 2022
|
|
|
TINGKAT BATU MAUNG
|
RM 800,000
|
RM 527.00
|
1,518 sqft
|
Apr 2022
|
|
LEBUHRAYA BATU MAUNG
|
RM 850,000
|
RM 274.00
|
3,100 sqft
|
Oct 2022
|