TAMAN MENGKUANG JAYA

Area Intelligence
2021
Median Price
RM 515,000
PSF: RM 354

Residential PSF Trends

Median Price

RM 482,500

PSF: RM 350

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 515K and a median price per square foot (PSF) of RM 354.

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 515K, with most transactions falling within a stable range of RM 450K to RM 598K, and a typical market range of RM 450K to RM 584K.

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 354, with most transactions between RM 341 and RM 367. The usual range is RM 294.75 to RM 413.25, showing that most units are priced quite close to each other. With an IQR of RM 118.50 and MAD of RM 13, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MENGKUANG JAYA, Seberang Perai Tengah, Penang

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Transactions

3 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 450,000
LORONG MENGKUANG JAYA 1
1,302 sqft · RM 346 PSF
1,450 sqft
Double Storey Terraced
RM 515,000
LORONG MENGKUANG JAYA 1
1,453 sqft · RM 354 PSF
1,700 sqft
Double Storey Shop
RM 649,000
JALAN TAMAN MENGKUANG JAYA
1,722 sqft · RM 377 PSF

No Properties For Sale

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

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