Penang
Seberang Perai Tengah
20
TAMAN MENGKUANG JAYA

TAMAN MENGKUANG JAYA

Area Intelligence

2024

Median Price

RM 500,000

PSF: RM 326

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 500,000

PSF: RM 326

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 326.

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 500K, with most transactions falling within a stable range of RM 468K to RM 500K, and a typical market range of RM 431K to RM 500K.

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

Price per square foot shows a median of RM 326, though individual units vary from RM 252 to RM 400 in the core range. The broader market spans RM 266.75 to RM 385.25, indicating diverse property characteristics. The spread of RM 118.50 (IQR) and deviation of RM 74 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

TAMAN MENGKUANG JAYA, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

4 transactions found

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

Clear

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

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 425,000

LORONG MENGKUANG JAYA 1

1,302 sqft • RM 326.00 PSF

Jul 2024

RM 500,000

JALAN MENGKUANG JAYA 3

1,300 sqft • RM 385.00 PSF

Mar 2024

RM 497,000

JALAN MENGKUANG JAYA

2,447 sqft • RM 203.00 PSF

Feb 2024

RM 500,000

JALAN MENGKUANG JAYA

1,300 sqft • RM 385.00 PSF

Feb 2024

Road	Price	Land PSF	Land	Date	Type
LORONG MENGKUANG JAYA 1	RM 425,000	RM 326.00	1,302 sqft	Jul 2024	Double Storey Terraced
JALAN MENGKUANG JAYA 3	RM 500,000	RM 385.00	1,300 sqft	Mar 2024	Double Storey Terraced
JALAN MENGKUANG JAYA	RM 497,000	RM 203.00	2,447 sqft	Feb 2024	Double Storey Semi-D
JALAN MENGKUANG JAYA	RM 500,000	RM 385.00	1,300 sqft	Feb 2024	Double Storey Terraced