Taman Kheng Hong

No. 26, Lorong Mak Mandin 5/3, Kawasan Perindustrian Mak Mandin, Butterworth, Penang, 13400, Butterworth, Pulau Pinang, Kawasan Perindustrian Mak Mandin, 13400 Butterworth, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 505,000
PSF
RM 350
Price Size
Period
transactions middle 50% (P25–P75)
1,450 sqft
2-Sty Terrace
RM 630,000
Lorong Mawar 2
1,442 sqft · RM 437 PSF
RM 380,000
Lorong Mawar 2
1,442 sqft · RM 263 PSF
Legend Recent Highest Price Highest PSF

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Taman Kheng Hong
© OpenStreetMap · CARTO

No. 26, Lorong Mak Mandin 5/3, Kawasan Perindustrian Mak Mandin, Butterworth, Penang, 13400, Butterworth, Pulau Pinang, Kawasan Perindustrian Mak Mandin, 13400 Butterworth, Penang, Malaysia

Maps

Taman Kheng Hong in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 505K and a median price per square foot (PSF) of RM 350.

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 505K, with most transactions falling within a stable range of RM 380K to RM 630K, and a typical market range of RM 443K to RM 568K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 350, though individual units vary from RM 263 to RM 437 in the core range. The broader market spans RM 287.87 to RM 412.37, indicating diverse property characteristics. The spread of RM 124.50 (IQR) and deviation of RM 87 (MAD) suggest moderate price variations reflecting different property features.

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.