Taman Seri Mengkuang

20, Jalan Seri Mengkuang, Taman Seri Mengkuang, 13400 Butterworth, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM 395,000
PSF
RM 290
Price Size
850 sqft
Cluster
RM 235,000
Lorong Seri Mengkuang 16
861 sqft · RM 273 PSF
RM 245,000
Lorong Seri Mengkuang 14
861 sqft · RM 285 PSF
RM 250,000
Lorong Seri Mengkuang 16
861 sqft · RM 290 PSF
1,200 sqft
2-Sty Terrace
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
2-Sty Terrace
RM 420,000
Lorong Seri Mengkuang 7
1,453 sqft · RM 289 PSF
1,550 sqft
2-Sty Terrace
RM 450,000
Lorong Seri Mengkuang 4
1,528 sqft · RM 294 PSF
5,200 sqft
Bungalow
RM 690,000
Lorong Seri Mengkuang 12
5,221 sqft · RM 132 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 395,000

RM 290 psf

Median transaction price

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20, Jalan Seri Mengkuang, Taman Seri Mengkuang, 13400 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Seri Mengkuang in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2023, with a median price of RM 395K and a median price per square foot (PSF) of RM 290.

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 395K, with most transactions falling within a stable range of RM 252K to RM 538K, and a typical market range of RM 270K to RM 520K.

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

Price per square foot shows a median of RM 290, though individual units vary from RM 227 to RM 352 in the core range. The broader market spans RM 222.56 to RM 356.81, indicating diverse property characteristics. The spread of RM 134.25 (IQR) and deviation of RM 62 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.