TAMAN SERI MENGKUANG

TAMAN SERI MENGKUANG in Seberang Perai Tengah, Penang recorded 4 Cluster House properties subsale transactions between 2021 and 2025 for cluster house properties, with a median price of RM 240K and a median price per square foot (PSF) of RM 279.

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 240K, with most transactions falling within a stable range of RM 199K to RM 250K, and a typical market range of RM 150K to RM 250K.

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

The median PSF stands at RM 279, with core pricing between RM 232 and RM 326. Market pricing typically extends from RM 211.88 to RM 346.13, reflecting moderate variation in unit pricing. The spread of RM 134.25 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.