Area Intelligence

TAMAN SRI MEWAH

13 properties
Double Storey Terraced
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Median Price
RM 850,000
PSF: RM 518

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 13 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 850K and a median price per square foot (PSF) of RM 518.

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 700K to RM 1.02 million, and a typical market range of RM 775K to RM 925K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 518, with core pricing between RM 422 and RM 614. Market pricing typically extends from RM 423.75 to RM 612.25, reflecting moderate variation in unit pricing. The spread of RM 188.50 (IQR) and deviation of RM 96 (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

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Transactions

13 properties grouped by size

1,350 sqft
1 units Double Storey Terraced
RM 750,000
LEBUHRAYA BATU MAUNG
1,367 sqft · RM 549.00 PSF
Feb 2025
1,400 sqft
4 units Double Storey Terraced
RM 700,000
LEBUH BT. MAUNG 8
1,399 sqft · RM 500.00 PSF
Jul 2024
RM 860,000
LEBUH BATU MAUNG 12
1,399 sqft · RM 615.00 PSF
May 2024
RM 900,000
LEBUH BT. MAUNG 8
1,399 sqft · RM 643.00 PSF
Apr 2023
RM 725,000
LEBUH BT MAUNG 7
1,399 sqft · RM 518.00 PSF
Mar 2022
1,500 sqft
3 units Double Storey Terraced
RM 900,000
LEBUHRAYA BATU MAUNG
1,496 sqft · RM 602.00 PSF
Dec 2022
RM 850,000
LEBUHRAYA BATU MAUNG
1,496 sqft · RM 568.00 PSF
Apr 2022
RM 800,000
TINGKAT BATU MAUNG
1,518 sqft · RM 527.00 PSF
Apr 2022
1,700 sqft
1 units Double Storey Terraced
RM 815,000
LEBUH BATU MAUNG 1/2
1,679 sqft · RM 485.00 PSF
May 2024
1,750 sqft
1 units Double Storey Terraced
RM 750,000
LEBUH BATU MAUNG 1/2
1,744 sqft · RM 430.00 PSF
Jul 2023
2,600 sqft
1 units Double Storey Terraced
RM 988,000
LEBUH BT. MAUNG 6
2,605 sqft · RM 379.00 PSF
Nov 2023
3,500 sqft
1 units Double Storey Terraced
RM 1,260,000
LEBUH BATU MAUNG 2
3,488 sqft · RM 361.00 PSF
Oct 2023
3,800 sqft
1 units Double Storey Terraced
RM 1,250,000
LEBUH BATU MAUNG 8
3,800 sqft · RM 329.00 PSF
Jan 2023