Taman Seri Mengkuang
20, Jalan Seri Mengkuang, Taman Seri Mengkuang, 13400 Butterworth, Pulau Pinang, Malaysia
20, Jalan Seri Mengkuang, Taman Seri Mengkuang, 13400 Butterworth, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Seri Mengkuang 6
|
RM 660,000
|
RM 141
|
4,672 sqft
|
|
Bungalow |
| 2022 | |||||
|
Lorong Seri Mengkuang 8
|
RM 645,000
|
RM 138
|
4,672 sqft
|
|
Bungalow |
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Market Snapshot
ResidentialRM 652,500
RM 140 psfMedian transaction price
20, Jalan Seri Mengkuang, Taman Seri Mengkuang, 13400 Butterworth, Pulau Pinang, Malaysia
MapsTaman Seri Mengkuang in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 4,625 and 4,674 sqft, with a median price of RM 653K and a median price per square foot (PSF) of RM 140.
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 653K, with most transactions falling within a stable range of RM 645K to RM 660K, and a typical market range of RM 645K to RM 660K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 140, with most transactions between RM 138 and RM 141. The usual range is RM 72.56 to RM 206.81, showing that most units are priced quite close to each other. With an IQR of RM 134.25 and MAD of RM 2, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.