TAMAN MENGKUANG JAYA

Area Intelligence
Median Price
RM 503,000
PSF: RM 370

Residential PSF Trends

Median Price

RM 503,000

PSF: RM 362

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 40 subsale transactions between 2021 and 2025, with a median price of RM 503K and a median price per square foot (PSF) of RM 370.

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 482K to RM 524K, and a typical market range of RM 434K to RM 572K.

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

For price per square foot, the median is RM 370, with most transactions between RM 340 and RM 399. The usual range is RM 310.25 to RM 428.75, showing that most units are priced quite close to each other. 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. 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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