TAMAN SRI MEWAH

TAMAN SRI MEWAH in Barat Daya, Penang recorded 3 subsale transactions in 2024, with a median price of RM 815K 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 815K, with most transactions falling within a stable range of RM 748K to RM 860K, and a typical market range of RM 740K to RM 860K.

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

The median PSF stands at RM 500, with core pricing between RM 442 and RM 558. Market pricing typically extends from RM 405.75 to RM 594.25, reflecting moderate variation in unit pricing. With an IQR of RM 188.50 and MAD of RM 58, 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.