Penang
Seberang Perai Tengah
13
TAMAN MENGKUDU

TAMAN MENGKUDU

Area Intelligence

2023

Median Price

RM 80,000

PSF: RM 140

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Residential PSF Trends

Median Price

RM 80,000

PSF: RM 140

TAMAN MENGKUDU in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 80K and a median price per square foot (PSF) of RM 140.

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 80K, with most transactions falling within a stable range of RM 64K to RM 96K, and a typical market range of RM 63K to RM 97K.

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

The median PSF stands at RM 140, with core pricing between RM 113 and RM 167. Market pricing typically extends from RM 116.88 to RM 163.13, reflecting moderate variation in unit pricing. The spread of RM 46.25 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MENGKUDU, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 110,000

Level G

592 sqft • RM 186.00 PSF

Oct 2023

RM 80,000

Level 2

592 sqft • RM 135.00 PSF

Jul 2023

RM 60,000

Level 3

592 sqft • RM 101.00 PSF

Jun 2023

RM 85,000

Level G

592 sqft • RM 144.00 PSF

Jun 2023

RM 77,000

Level G

549 sqft • RM 140.00 PSF

May 2023

Road	Price	Land PSF	Land	Date	Type
Level G	RM 110,000	RM 186.00	592 sqft	Oct 2023	Low-Cost Flat
Level 2	RM 80,000	RM 135.00	592 sqft	Jul 2023	Low-Cost Flat
Level 3	RM 60,000	RM 101.00	592 sqft	Jun 2023	Low-Cost Flat
Level G	RM 85,000	RM 144.00	592 sqft	Jun 2023	Low-Cost Flat
Level G	RM 77,000	RM 140.00	549 sqft	May 2023	Low-Cost Flat