Area Intelligence

TAMAN SERI MENGKUANG

3 properties
Detached
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Median Price
RM 660,000
PSF: RM 138

Residential Market

Median Price

RM 660,000

IQR: RM 134
MAD: RM 32
RM 138 PSF 22.3%

PSF Trends (2021-2025)

TAMAN SERI MENGKUANG in Seberang Perai Tengah, Penang recorded 3 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 660K and a median price per square foot (PSF) of RM 138.

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 660K, with most transactions falling within a stable range of RM 645K to RM 679K, and a typical market range of RM 645K to RM 690K.

Within the Detached 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 138, with most transactions between RM 134 and RM 142. The usual range is RM 70.88 to RM 205.13, showing that most units are priced quite close to each other. With an IQR of RM 134.25 and MAD of RM 4, 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.

Area Location

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TAMAN SERI MENGKUANG, Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

4,650 sqft
2 units Detached
RM 660,000
LORONG SERI MENGKUANG 6
4,672 sqft · RM 141.00 PSF
Jul 2024
RM 645,000
LORONG SERI MENGKUANG 8
4,672 sqft · RM 138.00 PSF
Sep 2022
5,200 sqft
1 units Detached
RM 690,000
LORONG SERI MENGKUANG 12
5,221 sqft · RM 132.00 PSF
Mar 2023