TAMAN MENGKUANG INDAH
Residential Market
Median Price
RM 465,000
PSF Trends (2021-2025)
TAMAN MENGKUANG INDAH in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, 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 506K, 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.
Price per square foot shows a median of RM 346, though individual units vary from RM 274 to RM 418 in the core range. The broader market spans RM 323.50 to RM 368.50, indicating diverse property characteristics. The spread of RM 45.00 (IQR) and deviation of RM 72 (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. 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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG MENGKUANG INDAH 4
|
RM 450,000
|
RM 346.00
|
1,302 sqft
|
May 2022
|
|
|
LORONG MENGKUANG INDAH 4
|
RM 450,000
|
RM 346.00
|
1,302 sqft
|
Apr 2022
|
|
|
LORONG MENGKUANG INDAH 4
|
RM 480,000
|
RM 369.00
|
1,302 sqft
|
Apr 2022
|
|
LORONG MENGKUANG INDAH 6
|
RM 550,000
|
RM 189.00
|
2,917 sqft
|
Apr 2022
|