Penang
Seberang Perai Tengah
20
TAMAN MENGKUANG JAYA

TAMAN MENGKUANG JAYA

Area Intelligence

2023

Median Price

RM 503,000

PSF: RM 385

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Residential PSF Trends

Median Price

RM 503,000

PSF: RM 385

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 22 subsale transactions in 2023, with a median price of RM 503K 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 503K, with most transactions falling within a stable range of RM 472K to RM 601K, and a typical market range of RM 472K to RM 572K.

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

The median PSF stands at RM 385, with core pricing between RM 341 and RM 429. Market pricing typically extends from RM 325.75 to RM 444.25, reflecting moderate variation in unit pricing. With an IQR of RM 118.50 and MAD of RM 44, 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. 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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Transactions

22 transactions grouped by size

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

Clear

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

Custom Range

Min Size (sqft)

Max Size (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 515,000

JALAN MENGKUANG JAYA

1,292 sqft · RM 399 PSF

Jul 2023

RM 490,000

JALAN MENGKUANG JAYA

1,300 sqft · RM 377 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 515,000	RM 399	1,292 sqft	Jul 2023	Double Storey Terraced
JALAN MENGKUANG JAYA	RM 490,000	RM 377	1,300 sqft	Jul 2023	Double Storey Terraced

View 9 more transactions

1,450 sqft

Double Storey Terraced

1,450 sqft

Double Storey Terraced

RM 500,000

JALAN MENGKUANG JAYA

1,445 sqft · RM 346 PSF

Nov 2023

JALAN MENGKUANG JAYA

RM 500,000

RM 346

1,445 sqft

Nov 2023

1,500 sqft

Double Storey Terraced

1,500 sqft

Double Storey Terraced

RM 512,000

JALAN MENGKUANG JAYA

1,505 sqft · RM 340 PSF

Jun 2023

JALAN MENGKUANG JAYA

RM 512,000

RM 340

1,505 sqft

Jun 2023

2,100 sqft

Double Storey Terraced

2,100 sqft

Double Storey Terraced

RM 756,000

JALAN MENGKUANG JAYA

2,088 sqft · RM 362 PSF

Nov 2023

JALAN MENGKUANG JAYA

RM 756,000

RM 362

2,088 sqft

Nov 2023

2,150 sqft

RM 747,000

JALAN MENGKUANG JAYA

2,134 sqft · RM 350 PSF

Dec 2023

RM 749,000

JALAN MENGKUANG JAYA

2,166 sqft · RM 346 PSF

Jul 2023

JALAN MENGKUANG JAYA	RM 747,000	RM 350	2,134 sqft	Dec 2023	Double Storey Semi-D
JALAN MENGKUANG JAYA	RM 749,000	RM 346	2,166 sqft	Jul 2023	Double Storey Terraced