TAMAN MENGKUANG RIA

Area Intelligence
Median Price
RM 640,000
PSF: RM 260

Residential PSF Trends

Median Price

RM 640,000

PSF: RM 260

TAMAN MENGKUANG RIA in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 640K and a median price per square foot (PSF) of RM 260.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 640K, with most transactions falling within a stable range of RM 633K to RM 647K, and a typical market range of RM 633K to RM 682K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 260, with most transactions between RM 247 and RM 273. The usual range is RM 241.25 to RM 278.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.50 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MENGKUANG RIA, Seberang Perai Tengah, Penang

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Transactions

3 transactions grouped by size

2,450 sqft
Double Storey Semi-D
RM 640,000
SEMAK SEMULA PLAN BANGUNAN
2,465 sqft · RM 260 PSF
2,500 sqft
Double Storey Terraced
RM 800,000
LORONG MENGKUANG RIA 1
2,486 sqft · RM 322 PSF
2,550 sqft
Double Storey Semi-D
RM 633,000
JALAN MENGKUANG JAYA
2,562 sqft · RM 247 PSF

No Properties For Sale

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

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