TAMAN MANGGA

Area Intelligence
2024
Median Price
RM 290,000
PSF: RM 267

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 235K to RM 345K, and a typical market range of RM 251K to RM 329K.

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

The median PSF stands at RM 267, with core pricing between RM 225 and RM 310. Market pricing typically extends from RM 230.38 to RM 303.63, reflecting moderate variation in unit pricing. The spread of RM 73.25 (IQR) and deviation of RM 43 (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.

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TAMAN MANGGA, Seberang Perai Tengah, Penang

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