TAMAN MEGA HOMES Property Investment Analysis

1, Seberang Perai Tengah, Penang

Median Price
RM 800,000
CAGR
+14.4%
Median PSF
RM 292.00
CAGR
+15.6%
Transactions
9
Period
2021-2024

TAMAN MEGA HOMES in Seberang Perai Tengah, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 800K and a median price per square foot (PSF) of RM 292.

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 800K, with most transactions falling within a stable range of RM 720K to RM 880K, and a typical market range of RM 722K to RM 879K.

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

For price per square foot, the median is RM 292, with most transactions between RM 265 and RM 319. The usual range is RM 275.50 to RM 308.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 27 indicate a highly stable PSF trend across properties.

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.

ADVANCED FILTERS

TRANSACTIONS

9 found
2 - 2 1/2 Storey Semi-Detached
JALAN MEGA 3
RM 1,000,000
PSF: RM 442.00
Area: 2,260 sqft
Date: May 2024
2 - 2 1/2 Storey Semi-Detached
JALAN MEGA 2
RM 659,000
PSF: RM 292.00
Area: 2,260 sqft
Date: Aug 2023
2 - 2 1/2 Storey Semi-Detached
JLN MEGA 1
RM 825,000
PSF: RM 290.00
Area: 2,842 sqft
Date: May 2023
2 - 2 1/2 Storey Semi-Detached
JALAN MEGA 2
RM 810,000
PSF: RM 223.00
Area: 3,638 sqft
Date: Sep 2022
2 - 2 1/2 Storey Semi-Detached
JALAN MEGA 2
RM 659,000
PSF: RM 292.00
Area: 2,260 sqft
Date: Jun 2022
2 - 2 1/2 Storey Semi-Detached
JALAN MEGA 3
RM 880,000
PSF: RM 354.00
Area: 2,486 sqft
Date: May 2022
2 - 2 1/2 Storey Semi-Detached
JALAN MEGA 2
RM 755,000
PSF: RM 241.00
Area: 3,132 sqft
Date: Apr 2022
2 - 2 1/2 Storey Semi-Detached
JALAN MEGA 3
RM 800,000
PSF: RM 319.00
Area: 2,508 sqft
Date: Jan 2022
2 - 2 1/2 Storey Semi-Detached
JALAN MEGA 2
RM 668,000
PSF: RM 286.00
Area: 2,336 sqft
Date: Dec 2021