TAMAN MENGKUDU in Seberang Perai Tengah, Penang recorded 0 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, 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 70K to RM 100K, and a typical market range of RM 68K to RM 102K.
Within the Office Lot category, low-cost flat dominated the market, with minimal variety in property types.
The median PSF stands at RM 150, with core pricing between RM 125 and RM 175. Market pricing typically extends from RM 126.38 to RM 172.63, reflecting moderate variation in unit pricing. The spread of RM 46.25 (IQR) and deviation of RM 25 (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.
