TAMAN MENGKUDU

TAMAN MENGKUDU in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2024, with a median price of RM 103K and a median price per square foot (PSF) of RM 169.

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 103K, with most transactions falling within a stable range of RM 78K to RM 127K, and a typical market range of RM 85K to RM 120K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM 169, though individual units vary from RM 135 to RM 203 in the core range. The broader market spans RM 145.88 to RM 192.13, indicating diverse property characteristics. The spread of RM 46.25 (IQR) and deviation of RM 34 (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.