Area Intelligence

TAMAN MENGKUANG RIA

1 properties
Double Storey Terraced
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Median Price
RM 800,000
PSF: RM 322

Residential Market

Median Price

RM 800,000

IQR: RM 38
MAD: RM 13
RM 322 PSF 9.2%

PSF Trends (2021-2025)

TAMAN MENGKUANG RIA in Seberang Perai Tengah, Penang recorded 1 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 800K and a median price per square foot (PSF) of RM 322.

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

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Terraced 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 322, with most transactions between RM 322 and RM 322. The usual range is RM 303.25 to RM 340.75, 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 0 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

1 properties grouped by size

2,500 sqft
1 units Double Storey Terraced
RM 800,000
LORONG MENGKUANG RIA 1
2,486 sqft · RM 322.00 PSF
Jun 2024