TAMAN MENGKUDU

TAMAN MENGKUDU in Seberang Perai Tengah, Penang recorded 28 subsale transactions between 2021 and 2025, with a median price of RM 85K and a median price per square foot (PSF) of RM 150.

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 85K, with most transactions falling within a stable range of RM 61K to RM 109K, and a typical market range of RM 68K to RM 102K.

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

Price per square foot shows a median of RM 150, though individual units vary from RM 112 to RM 187 in the core range. The broader market spans RM 126.38 to RM 172.63, indicating diverse property characteristics. The spread of RM 46.25 (IQR) and deviation of RM 37 (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. Moderate transaction volume may require patience when buying or selling.