Penang
Seberang Perai Tengah
16
TAMAN MACANG MANIS

TAMAN MACANG MANIS

Area Intelligence

2023

Median Price

RM 320,000

PSF: RM 122

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Residential PSF Trends

Median Price

RM 320,000

PSF: RM 122

TAMAN MACANG MANIS in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 122.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 300K to RM 354K, and a typical market range of RM 300K to RM 358K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 122, with most transactions between RM 113 and RM 131. The usual range is RM 109.00 to RM 135.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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 MACANG MANIS, Seberang Perai Tengah, Penang

OSM

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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 335,000

JALAN MACHANG 3

2,702 sqft • RM 124.00 PSF

Sep 2023

RM 400,000

LORONG MACANG 3

3,703 sqft • RM 108.00 PSF

Aug 2023

RM 320,000

LORONG MACANG MANIS 6

3,003 sqft • RM 107.00 PSF

May 2023

RM 300,000

LORONG MACANG 4

2,454 sqft • RM 122.00 PSF

Feb 2023

RM 320,000

JALAN MACANG

2,454 sqft • RM 130.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
JALAN MACHANG 3	RM 335,000	RM 124.00	2,702 sqft	Sep 2023	Single Storey Semi-D
LORONG MACANG 3	RM 400,000	RM 108.00	3,703 sqft	Aug 2023	Single Storey Semi-D
LORONG MACANG MANIS 6	RM 320,000	RM 107.00	3,003 sqft	May 2023	Single Storey Semi-D
LORONG MACANG 4	RM 300,000	RM 122.00	2,454 sqft	Feb 2023	Single Storey Semi-D
JALAN MACANG	RM 320,000	RM 130.00	2,454 sqft	Jan 2023	Single Storey Semi-D