TAMAN SERI MENGKUANG

TAMAN SERI MENGKUANG in Seberang Perai Tengah, Penang recorded 5 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 420K and a median price per square foot (PSF) of RM 300.

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.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 300, with most transactions between RM 279 and RM 321. The usual range is RM 232.88 to RM 367.13, showing that most units are priced quite close to each other. With an IQR of RM 134.25 and MAD of RM 21, 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.