TAMAN MENGKUANG JAYA

Area Intelligence
2021
Median Price
RM 638,500
PSF: RM 262

Residential PSF Trends

Median Price

RM 638,500

PSF: RM 262

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2021, with a median price of RM 639K and a median price per square foot (PSF) of RM 262.

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 639K, with most transactions falling within a stable range of RM 635K to RM 649K, and a typical market range of RM 635K to RM 669K.

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 262, with most transactions between RM 245 and RM 278. The usual range is RM 202.25 to RM 320.75, showing that most units are priced quite close to each other. With an IQR of RM 118.50 and MAD of RM 17, 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

8 transactions grouped by size

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
3,100 sqft
Double Storey Semi-D
RM 669,000
JALAN MENGKUANG JAYA
3,089 sqft · RM 217 PSF

No Properties For Sale

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

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