TAMAN MANGGA

Area Intelligence

2024

Median Price

RM 290,000

PSF: RM 267

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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 267

TAMAN MANGGA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 290K and a median price per square foot (PSF) of RM 267.

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 290K, with most transactions falling within a stable range of RM 300K to RM 315K, and a typical market range of RM 300K to RM 329K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 267, with most transactions between RM 242 and RM 292. The usual range is RM 230.38 to RM 303.63, showing that most units are priced quite close to each other. With an IQR of RM 73.25 and MAD of RM 25, 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.

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TAMAN MANGGA, Seberang Perai Tengah, Penang

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