Taman Sri Mewah

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

Property Transactions

3 subsales grouped by size · 2-Sty Terrace →

Median
RM 815,000
PSF
RM 440
Price Size
1,600 sqft
2-Sty Terrace
RM 700,000
Lebuh Batu. Maung 8
1,615 sqft · RM 434 PSF
RM 860,000
Lebuh Batu Maung 12
1,615 sqft · RM 533 PSF
1,850 sqft
2-Sty Terrace
RM 815,000
Lebuh Batu Maung 1/2
1,851 sqft · RM 440 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 815,000

RM 440 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 3 subsale transactions in 2024, with a median price of RM 815K and a median price per square foot (PSF) of RM 440.

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 729K to RM 860K.

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

The median PSF stands at RM 440, with core pricing between RM 395 and RM 485. Market pricing typically extends from RM 361.96 to RM 518.46, reflecting moderate variation in unit pricing. With an IQR of RM 156.50 and MAD of RM 45, 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.