Area Intelligence

MENGKUANG HEIGHTS

1 properties
2023
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Median Price
RM 450,000
PSF: RM 112

Residential Market

Median Price

RM 450,000

IQR: RM 13
MAD: RM 13
RM 112 PSF 9.6%

PSF Trends (2021-2025)

MENGKUANG HEIGHTS in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 112.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 112, with most transactions between RM 112 and RM 112. The usual range is RM 105.75 to RM 118.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.50 and an average deviation (MAD) of RM 0 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.

Area Location

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MENGKUANG HEIGHTS, Seberang Perai Tengah, Penang

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Transactions

1 properties grouped by size

4,000 sqft
1 units Detached
RM 450,000
JALAN MENGKUANG HEIGHTS 1
4,004 sqft · RM 112.00 PSF
Jun 2023

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