Taman Mengkuang Indah

Kubang Semang, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size · 2-Sty Terrace →

Median
RM 465,000
PSF
RM 270
Price Size
1,650 sqft
2-Sty Terrace
RM 450,000
Lorong Mengkuang Indah 4
1,668 sqft · RM 270 PSF
RM 450,000
Lorong Mengkuang Indah 4
1,668 sqft · RM 270 PSF
RM 480,000
Lorong Mengkuang Indah 4
1,668 sqft · RM 288 PSF
2,900 sqft
Semi-D
RM 550,000
Lorong Mengkuang Indah 6
2,917 sqft · RM 189 PSF
Legend Recent Highest Price Highest PSF

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Taman Mengkuang Indah, Kubang Semang, Pulau Pinang, Malaysia

Maps

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 270.

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 480K.

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

The median PSF stands at RM 270, with core pricing between RM 231 and RM 308. Market pricing typically extends from RM 234.72 to RM 304.72, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 38, 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.