TAMAN MENGKUANG JAYA

Area Intelligence
2024
Median Price
RM 498,500
PSF: RM 287

Residential PSF Trends

Median Price

RM 498,500

PSF: RM 287

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, priced between RM 300K and RM 500K, with a median price of RM 499K and a median price per square foot (PSF) of RM 287.

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 499K, with most transactions falling within a stable range of RM 466K to RM 500K, and a typical market range of RM 429K to RM 500K.

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

The median PSF stands at RM 287, with core pricing between RM 243 and RM 332. Market pricing typically extends from RM 228.24 to RM 346.74, reflecting moderate variation in unit pricing. The spread of RM 118.50 (IQR) and deviation of RM 45 (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.

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TAMAN MENGKUANG JAYA, Seberang Perai Tengah, Penang

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Property Transactions

4 transactions grouped by size

1,600 sqft
Double Storey Terraced
RM 425,000
LORONG MENGKUANG JAYA 1
1,615 sqft · RM 263 PSF
RM 500,000
JALAN MENGKUANG JAYA 3
1,604 sqft · RM 312 PSF
RM 500,000
JALAN MENGKUANG JAYA
1,604 sqft · RM 312 PSF
2,450 sqft
Double Storey Semi-D
RM 497,000
JALAN MENGKUANG JAYA
2,447 sqft · RM 203 PSF

No Properties For Sale

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

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