Penang
Seberang Perai Tengah
20
TAMAN MENGKUANG JAYA

TAMAN MENGKUANG JAYA

Area Intelligence

2024

Median Price

RM 659,000

PSF: RM 202

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Residential PSF Trends

Median Price

RM 659,000

PSF: RM 202

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 659K and a median price per square foot (PSF) of RM 202.

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 659K, with most transactions falling within a stable range of RM 525K to RM 793K, and a typical market range of RM 590K to RM 728K.

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

The median PSF stands at RM 202, with core pricing between RM 166 and RM 237. Market pricing typically extends from RM 142.25 to RM 260.75, reflecting moderate variation in unit pricing. The spread of RM 118.50 (IQR) and deviation of RM 36 (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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