TAMAN MENGKUANG JAYA

Area Intelligence
Median Price
RM 639,000
PSF: RM 261

Residential PSF Trends

Median Price

RM 639,000

PSF: RM 261

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 639K and a median price per square foot (PSF) of RM 261.

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 639K, with most transactions falling within a stable range of RM 618K to RM 660K, and a typical market range of RM 570K to RM 708K.

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

The median PSF stands at RM 261, with core pricing between RM 232 and RM 291. Market pricing typically extends from RM 201.75 to RM 320.25, 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.

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TAMAN MENGKUANG JAYA, Seberang Perai Tengah, Penang

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