Penang
Seberang Perai Tengah
20
TAMAN MENGKUANG JAYA

TAMAN MENGKUANG JAYA

Area Intelligence

2024

Median Price

RM 500,000

PSF: RM 385

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 385

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, 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 425K to RM 626K, 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.

Price per square foot shows a median of RM 385, though individual units vary from RM 271 to RM 499 in the core range. The broader market spans RM 325.75 to RM 444.25, indicating diverse property characteristics. A wider spread (IQR: RM 118.50) and deviation (MAD: RM 114) indicate significant PSF variations, likely due to diverse property types or conditions.

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

4 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

1,200 sqft

Double Storey Terraced

1,200 sqft

Double Storey Terraced

RM 757,000

JALAN MENGKUANG JAYA 3

1,216 sqft · RM 622 PSF

Aug 2024

JALAN MENGKUANG JAYA 3

RM 757,000

RM 622

1,216 sqft

Aug 2024

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 425,000

LORONG MENGKUANG JAYA 1

1,302 sqft · RM 326 PSF

Jul 2024

RM 500,000

JALAN MENGKUANG JAYA 3

1,300 sqft · RM 385 PSF

Mar 2024

RM 500,000

JALAN MENGKUANG JAYA

1,300 sqft · RM 385 PSF

Feb 2024

LORONG MENGKUANG JAYA 1	RM 425,000	RM 326	1,302 sqft	Jul 2024
JALAN MENGKUANG JAYA 3	RM 500,000	RM 385	1,300 sqft	Mar 2024
JALAN MENGKUANG JAYA	RM 500,000	RM 385	1,300 sqft	Feb 2024