TAMAN MENGKUANG JAYA

Area Intelligence
2021
Median Price
RM 637,000
PSF: RM 266

Residential PSF Trends

Median Price

RM 636,000

PSF: RM 265

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2021, with a median price of RM 637K and a median price per square foot (PSF) of RM 266.

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 637K, with most transactions falling within a stable range of RM 572K to RM 649K, and a typical market range of RM 568K to RM 649K.

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

The median PSF stands at RM 266, with core pricing between RM 220 and RM 312. Market pricing typically extends from RM 206.75 to RM 325.25, reflecting moderate variation in unit pricing. The spread of RM 118.50 (IQR) and deviation of RM 46 (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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Transactions

10 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
2,350 sqft
Double Storey Semi-D
RM 636,000
JALAN MENGKUANG JAYA
2,336 sqft · RM 272 PSF
2,400 sqft
Double Storey Semi-D
RM 635,000
JALAN MENGKUANG JAYA
2,422 sqft · RM 262 PSF
RM 638,000
JALAN MENGKUANG JAYA
2,390 sqft · RM 267 PSF
RM 639,000
JALAN MENGKUANG JAYA
2,411 sqft · RM 265 PSF
2,450 sqft
Double Storey Semi-D
RM 636,000
JALAN MENGKUANG JAYA
2,465 sqft · RM 258 PSF
RM 640,000
JALAN MENGKUANG JAYA
2,454 sqft · RM 261 PSF
2,700 sqft
Double Storey Semi-D
RM 649,000
JALAN MENGKUANG JAYA
2,680 sqft · RM 242 PSF

No Properties For Sale

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

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