TAMAN SRI MEWAH
Residential Market
Median Price
RM 944,000
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 6 subsale transactions in 2023, with a median price of RM 944K and a median price per square foot (PSF) of RM 370.
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 944K, with most transactions falling within a stable range of RM 729K to RM 1.16 million, and a typical market range of RM 869K to RM 1.02 million.
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 370, though individual units vary from RM 251 to RM 489 in the core range. The broader market spans RM 275.75 to RM 464.25, indicating diverse property characteristics. A wider spread (IQR: RM 188.50) and deviation (MAD: RM 119) indicate significant PSF variations, likely due to diverse property types or conditions.
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
6 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LEBUH BT. MAUNG 8
|
RM 900,000
|
RM 643.00
|
1,399 sqft
|
Apr 2023
|
|
LEBUH BATU MAUNG 1/2
|
RM 750,000
|
RM 430.00
|
1,744 sqft
|
Jul 2023
|
|
LEBUH BT. MAUNG 6
|
RM 988,000
|
RM 379.00
|
2,605 sqft
|
Nov 2023
|
|
LEBUHRAYA BATU MAUNG
|
RM 720,000
|
RM 268.00
|
2,691 sqft
|
Nov 2023
|
|
LEBUH BATU MAUNG 2
|
RM 1,260,000
|
RM 361.00
|
3,488 sqft
|
Oct 2023
|
|
LEBUH BATU MAUNG 8
|
RM 1,250,000
|
RM 329.00
|
3,800 sqft
|
Jan 2023
|