TAMAN MENGKUANG JAYA

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 23 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 599K, 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 324 and RM 446. Market pricing typically extends from RM 325.75 to RM 444.25, reflecting moderate variation in unit pricing. The spread of RM 118.50 (IQR) and deviation of RM 61 (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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.