Taman Mengkuang Indah

Kubang Semang, Pulau Pinang, Malaysia

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Taman Mengkuang Indah, Kubang Semang, Pulau Pinang, Malaysia

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Taman Mengkuang Indah in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2023, with a median price of RM 450K 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 450K, with most transactions falling within a stable range of RM 420K to RM 480K, and a typical market range of RM 435K to RM 465K.

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 323 and RM 369. The usual range is RM 311.00 to RM 381.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 23, 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.