Area Intelligence

TAMAN MENGKUANG INDAH

4 properties
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Median Price
RM 465,000
PSF: RM 346

Residential Market

Median Price

RM 465,000

IQR: RM 45
MAD: RM 12
RM 346 PSF

PSF Trends (2021-2025)

TAMAN MENGKUANG INDAH in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 465K and a median price per square foot (PSF) of RM 346.

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 465K, with most transactions falling within a stable range of RM 450K to RM 480K, and a typical market range of RM 450K to RM 489K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 346, with most transactions between RM 335 and RM 358. The usual range is RM 323.50 to RM 368.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.00 and an average deviation (MAD) of RM 12 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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TAMAN MENGKUANG INDAH, Seberang Perai Tengah, Penang

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Transactions

4 properties found

Double Storey Terraced LORONG MENGKUANG INDAH 4
RM 450,000
1,302 sqft May 2022
RM 346.00 PSF
Double Storey Semi-D LORONG MENGKUANG INDAH 6
RM 550,000
2,917 sqft Apr 2022
RM 189.00 PSF
Double Storey Terraced LORONG MENGKUANG INDAH 4
RM 450,000
1,302 sqft Apr 2022
RM 346.00 PSF
Double Storey Terraced LORONG MENGKUANG INDAH 4
RM 480,000
1,302 sqft Apr 2022
RM 369.00 PSF