Penang
Seberang Perai Tengah
20
TAMAN MENGKUANG JAYA

TAMAN MENGKUANG JAYA

Area Intelligence

2023

Median Price

RM 503,000

PSF: RM 385

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Residential PSF Trends

Median Price

RM 503,000

PSF: RM 385

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 23 subsale transactions in 2023, with a median price of RM 503K and a median price per square foot (PSF) of RM 385.

This area contains both residential and commercial properties. View 43 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 503K, with most transactions falling within a stable range of RM 494K to RM 500K, and a typical market range of RM 472K to RM 500K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 385, with core pricing between RM 322 and RM 448. Market pricing typically extends from RM 325.75 to RM 444.25, reflecting moderate variation in unit pricing. The spread of RM 118.50 (IQR) and deviation of RM 63 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Moderate transaction volume may require patience when buying or selling.

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TAMAN MENGKUANG JAYA, Seberang Perai Tengah, Penang

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Transactions

8 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 500,000

JALAN MENGKUANG JAYA

1,445 sqft • RM 346.00 PSF

Nov 2023

RM 500,000

JALAN MENGKUANG JAYA 3

1,300 sqft • RM 385.00 PSF

Oct 2023

RM 500,000

JALAN MENGKUANG JAYA

1,300 sqft • RM 385.00 PSF

Sep 2023

RM 472,000

JALAN MENGKUANG JAYA

2,447 sqft • RM 193.00 PSF

Aug 2023

RM 500,000

JALAN MENGKUANG JAYA

1,300 sqft • RM 385.00 PSF

Aug 2023

RM 490,000

JALAN MENGKUANG JAYA

1,300 sqft • RM 377.00 PSF

Jul 2023

RM 500,000

JALAN MENGKUANG JAYA

1,300 sqft • RM 385.00 PSF

Jul 2023

RM 500,000

JALAN MENGKUANG JAYA 3

1,300 sqft • RM 385.00 PSF

Jul 2023

Road	Price	Land PSF	Land	Date	Type
JALAN MENGKUANG JAYA	RM 500,000	RM 346.00	1,445 sqft	Nov 2023	Double Storey Terraced
JALAN MENGKUANG JAYA 3	RM 500,000	RM 385.00	1,300 sqft	Oct 2023	Double Storey Terraced
JALAN MENGKUANG JAYA	RM 500,000	RM 385.00	1,300 sqft	Sep 2023	Double Storey Semi-D
JALAN MENGKUANG JAYA	RM 472,000	RM 193.00	2,447 sqft	Aug 2023	Double Storey Semi-D
JALAN MENGKUANG JAYA	RM 500,000	RM 385.00	1,300 sqft	Aug 2023	Double Storey Terraced
JALAN MENGKUANG JAYA	RM 490,000	RM 377.00	1,300 sqft	Jul 2023	Double Storey Terraced
JALAN MENGKUANG JAYA	RM 500,000	RM 385.00	1,300 sqft	Jul 2023	Double Storey Terraced
JALAN MENGKUANG JAYA 3	RM 500,000	RM 385.00	1,300 sqft	Jul 2023	Double Storey Terraced