TAMAN MENGKUANG JAYA

Area Intelligence
2024
Median Price
RM 525,000
PSF: RM 203

Residential PSF Trends

Median Price

RM 525,000

PSF: RM 203

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 525K and a median price per square foot (PSF) of RM 203.

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 525K, with most transactions falling within a stable range of RM 497K to RM 658K, and a typical market range of RM 497K to RM 594K.

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

The median PSF stands at RM 203, with core pricing between RM 174 and RM 232. Market pricing typically extends from RM 143.75 to RM 262.25, reflecting moderate variation in unit pricing. With an IQR of RM 118.50 and MAD of RM 29, 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. 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

3 transactions grouped by size

2,450 sqft
Double Storey Semi-D
RM 497,000
JALAN MENGKUANG JAYA
2,447 sqft · RM 203 PSF
3,150 sqft
Double Storey Semi-D
RM 525,000
JALAN MENGKUANG JAYA
3,165 sqft · RM 166 PSF
3,350 sqft
Double Storey Terraced
RM 793,000
JALAN MENGKUANG JAYA
3,348 sqft · RM 237 PSF

No Properties For Sale

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

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