Penang
Seberang Perai Tengah
20
TAMAN MENGKUANG JAYA

TAMAN MENGKUANG JAYA

Area Intelligence

2023

Median Price

RM 749,000

PSF: RM 346

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Residential PSF Trends

Median Price

RM 749,000

PSF: RM 346

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 749K and a median price per square foot (PSF) of RM 346.

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 749K, with most transactions falling within a stable range of RM 635K to RM 770K, and a typical market range of RM 680K to RM 770K.

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

The median PSF stands at RM 346, with core pricing between RM 284 and RM 408. Market pricing typically extends from RM 286.75 to RM 405.25, reflecting moderate variation in unit pricing. The spread of RM 118.50 (IQR) and deviation of RM 62 (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

5 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

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