Area Intelligence

TAMAN MENGKUANG RIA

2 properties
Double Storey Semi-D
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Median Price
RM 636,500
PSF: RM 254

Residential Market

Median Price

RM 636,500

IQR: RM 38
MAD: RM 13
RM 254 PSF 9.2%

PSF Trends (2021-2025)

TAMAN MENGKUANG RIA in Seberang Perai Tengah, Penang recorded 2 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 637K and a median price per square foot (PSF) of RM 254.

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 637K, with most transactions falling within a stable range of RM 633K to RM 640K, and a typical market range of RM 633K to RM 640K.

Within the Double Storey Semi-D category, 1 - 1 1/2 storey terraced1 - 1 dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 254, with most transactions between RM 247 and RM 260. The usual range is RM 234.75 to RM 272.25, 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 7 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.

Area Location

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TAMAN MENGKUANG RIA, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

2,450 sqft
1 units Double Storey Semi-D
RM 640,000
SEMAK SEMULA PLAN BANGUNAN
2,465 sqft · RM 260.00 PSF
Nov 2023
2,550 sqft
1 units Double Storey Semi-D
RM 633,000
JALAN MENGKUANG JAYA
2,562 sqft · RM 247.00 PSF
Dec 2021