Taman Mengkuang Jaya

20, Jln Mengkuang Jaya, 14400 Kubang Semang, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size · 2-Sty Terrace →

Median
RM 450,000
PSF
RM 279
Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM 470,000
Jalan Mengkuang Jaya
1,615 sqft · RM 291 PSF
RM 430,000
Jalan Mengkuang Jaya
1,615 sqft · RM 266 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 450,000

RM 279 psf

Median transaction price

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20, Jln Mengkuang Jaya, 14400 Kubang Semang, Pulau Pinang, Malaysia

Maps

Taman Mengkuang Jaya in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 279.

This area contains both residential and commercial properties. View 45 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 450K, with most transactions falling within a stable range of RM 430K to RM 470K, and a typical market range of RM 430K to RM 470K.

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 279, with most transactions between RM 266 and RM 291. The usual range is RM 220.33 to RM 337.09, showing that most units are priced quite close to each other. With an IQR of RM 116.75 and MAD of RM 12, 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.