Taman Sri Mewah

348, Lorong Khoo Hye Keat, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size · 2-Sty Terrace →

Median
RM 944,000
PSF
RM 564
Price Size
1,600 sqft
2-Sty Terrace
RM 988,000
Lebuh Batu. Maung 6
1,615 sqft · RM 612 PSF
RM 900,000
Lebuh Batu. Maung 8
1,615 sqft · RM 557 PSF
1,850 sqft
2-Sty Terrace
RM 750,000
Lebuh Batu Maung 1/2
1,851 sqft · RM 405 PSF
2,050 sqft
2-Sty Terrace
RM 1,250,000
Lebuh Batu Maung 8
2,034 sqft · RM 614 PSF
2,200 sqft
2-Sty Terrace
RM 1,260,000
Lebuh Batu Maung 2
2,207 sqft · RM 571 PSF
2,700 sqft
Semi-D
RM 720,000
Lebuhraya Batu Maung
2,691 sqft · RM 268 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 944,000

RM 564 psf

Median transaction price

Taman Sri Mewah
© OpenStreetMap · CARTO

348, Lorong Khoo Hye Keat, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

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 564.

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 858K to RM 1.03 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 564, though individual units vary from RM 437 to RM 691 in the core range. The broader market spans RM 485.97 to RM 642.47, indicating diverse property characteristics. The spread of RM 156.50 (IQR) and deviation of RM 127 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.