TAMAN MENGKUANG JAYA

Area Intelligence
2023
Median Price
RM 503,000
PSF: RM 314

Residential PSF Trends

Median Price

RM 503,000

PSF: RM 314

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 21 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 503K and a median price per square foot (PSF) of RM 314.

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 500K to RM 601K, and a typical market range of RM 500K to RM 572K.

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 314, though individual units vary from RM 245 to RM 382 in the core range. The broader market spans RM 254.38 to RM 372.88, indicating diverse property characteristics. The spread of RM 118.50 (IQR) and deviation of RM 69 (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. Moderate price stability provides a balanced market for both buyers and sellers. 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

21 transactions grouped by size

1,300 sqft
Double Storey Semi-D
RM 500,000
JALAN MENGKUANG JAYA
1,300 sqft · RM 385 PSF
1,600 sqft
Double Storey Terraced
RM 756,000
JALAN MENGKUANG JAYA
1,604 sqft · RM 471 PSF
RM 500,000
JALAN MENGKUANG JAYA
1,604 sqft · RM 312 PSF
RM 500,000
JALAN MENGKUANG JAYA 3
1,604 sqft · RM 312 PSF
RM 515,000
JALAN MENGKUANG JAYA
1,604 sqft · RM 321 PSF
RM 500,000
JALAN MENGKUANG JAYA
1,604 sqft · RM 312 PSF
RM 515,000
JALAN MENGKUANG JAYA
1,604 sqft · RM 321 PSF
2,150 sqft
Double Storey Semi-D
RM 747,000
JALAN MENGKUANG JAYA
2,134 sqft · RM 350 PSF
3,500 sqft
Double Storey Semi-D
RM 538,000
JALAN MENGKUANG JAYA
3,510 sqft · RM 153 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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