TAMAN MENGKUANG JAYA

Area Intelligence
Median Price
RM 500,000
PSF: RM 385

Residential PSF Trends

Median Price

RM 500,000

PSF: RM 385

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 385.

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 500K, with most transactions falling within a stable range of RM 479K to RM 521K, and a typical market range of RM 431K to RM 569K.

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 385, with most transactions between RM 356 and RM 415. The usual range is RM 325.75 to RM 444.25, 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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