TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2021, with a median price of RM 638K and a median price per square foot (PSF) of RM 265.
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 638K, with most transactions falling within a stable range of RM 617K to RM 659K, and a typical market range of RM 569K to RM 707K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 265, with core pricing between RM 236 and RM 295. Market pricing typically extends from RM 205.75 to RM 324.25, reflecting moderate variation in unit pricing. With an IQR of RM 118.50 and MAD of RM 30, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
