Penang
Seberang Perai Tengah
20
TAMAN MENGKUANG JAYA

TAMAN MENGKUANG JAYA

Area Intelligence

2023

Median Price

RM 503,000

PSF: RM 387

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Residential PSF Trends

Median Price

RM 503,000

PSF: RM 387

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 17 subsale transactions in 2023, with a median price of RM 503K and a median price per square foot (PSF) of RM 387.

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 496K to RM 510K, and a typical market range of RM 490K to RM 515K.

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 387, with most transactions between RM 371 and RM 403. The usual range is RM 327.75 to RM 446.25, showing that most units are priced quite close to each other. With an IQR of RM 118.50 and MAD of RM 16, 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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Transactions

17 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

RM 500,000

JALAN MENGKUANG JAYA 3

1,300 sqft · RM 385 PSF

Oct 2023

RM 515,000

JALAN MENGKUANG JAYA

1,300 sqft · RM 396 PSF

Oct 2023

RM 500,000

JALAN MENGKUANG JAYA

1,300 sqft · RM 385 PSF

Sep 2023

RM 500,000

JALAN MENGKUANG JAYA

1,300 sqft · RM 385 PSF

Aug 2023

RM 503,000

JALAN MENGKUANG JAYA

1,300 sqft · RM 387 PSF

Jul 2023

RM 503,000

JALAN MENGKUANG JAYA 3

1,300 sqft · RM 387 PSF

Jul 2023

JALAN MENGKUANG JAYA 3	RM 500,000	RM 385	1,300 sqft	Oct 2023	Double Storey Terraced
JALAN MENGKUANG JAYA	RM 515,000	RM 396	1,300 sqft	Oct 2023	Double Storey Terraced
JALAN MENGKUANG JAYA	RM 500,000	RM 385	1,300 sqft	Sep 2023	Double Storey Semi-D
JALAN MENGKUANG JAYA	RM 500,000	RM 385	1,300 sqft	Aug 2023	Double Storey Terraced
JALAN MENGKUANG JAYA	RM 503,000	RM 387	1,300 sqft	Jul 2023	Double Storey Terraced
JALAN MENGKUANG JAYA 3	RM 503,000	RM 387	1,300 sqft	Jul 2023	Double Storey Terraced