TAMAN SERI MENGKUANG

Area Intelligence
Median Price
RM 420,000
PSF: RM 294

Residential PSF Trends

Median Price

RM 420,000

PSF: RM 294

TAMAN SERI MENGKUANG in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2025, priced between RM 300K and RM 500K, with a median price of RM 420K and a median price per square foot (PSF) of RM 294.

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 420K, with most transactions falling within a stable range of RM 391K to RM 449K, and a typical market range of RM 370K to RM 450K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 294, with core pricing between RM 264 and RM 325. Market pricing typically extends from RM 227.29 to RM 361.54, reflecting moderate variation in unit pricing. With an IQR of RM 134.25 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI MENGKUANG, Seberang Perai Tengah, Penang

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Property Transactions

5 transactions grouped by size

1,200 sqft
Double Storey Terraced
RM 370,000
LORONG SERI MENGKUANG 5
1,216 sqft · RM 304 PSF
RM 450,000
LORONG SERI MENGKUANG 7
1,216 sqft · RM 370 PSF
1,450 sqft
Double Storey Terraced
RM 420,000
LORONG SERI MENGKUANG 7
1,453 sqft · RM 289 PSF
RM 420,000
LORONG SERI MENGKUANG 6
1,453 sqft · RM 289 PSF
1,550 sqft
Double Storey Terraced
RM 450,000
LORONG SERI MENGKUANG 4
1,528 sqft · RM 294 PSF

No Properties For Sale

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

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