Area Intelligence

MENGKUANG HEIGHTS

2 properties
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Median Price
RM 500,000
PSF: RM 125

Residential Market

Median Price

RM 500,000

IQR: RM 13
MAD: RM 13
RM 125 PSF 9.6%

PSF Trends (2021-2025)

MENGKUANG HEIGHTS in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 125.

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 500K, with most transactions falling within a stable range of RM 450K to RM 550K, and a typical market range of RM 475K to RM 525K.

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

The median PSF stands at RM 125, with core pricing between RM 112 and RM 137. Market pricing typically extends from RM 118.25 to RM 130.75, reflecting moderate variation in unit pricing. With an IQR of RM 12.50 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

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

2 properties grouped by size

4,000 sqft
2 units Detached
RM 450,000
JALAN MENGKUANG HEIGHTS 1
4,004 sqft · RM 112.00 PSF
Jun 2023
RM 550,000
JALAN MENGKUANG HEIGHTS 1
4,004 sqft · RM 137.00 PSF
Dec 2021

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