TAMAN MEWAH

Area Intelligence
34 subsale transactions
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Median Price
RM 166,500
PSF: RM 213

Residential PSF Trends

Median Price

RM 165,000

PSF: RM 212

Commercial PSF Trends

Median Price

RM 982,500

RM 702 PSF

TAMAN MEWAH in Seberang Perai Utara, Penang recorded 34 subsale transactions between 2021 and 2025, with a median price of RM 167K and a median price per square foot (PSF) of RM 213.

This area contains both residential and commercial properties. View 32 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 167K, with most transactions falling within a stable range of RM 150K to RM 183K, and a typical market range of RM 150K to RM 183K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 213, with most transactions between RM 193 and RM 233. The usual range is RM 194.63 to RM 231.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.75 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MEWAH, Seberang Perai Utara, Penang

OSM

Transactions

34 transactions grouped by size

750 sqft
Condo/Apartment
RM 175,000
Level 3
753 sqft · RM 232.00 PSF
May 2025
RM 130,000
Level 9
753 sqft · RM 173.00 PSF
Jul 2024
RM 158,000
Level 7
753 sqft · RM 210.00 PSF
Jul 2024
RM 168,000
Level 1
753 sqft · RM 223.00 PSF
Jun 2024
RM 190,000
Level 8
753 sqft · RM 252.00 PSF
May 2024
RM 190,000
Level 9
753 sqft · RM 252.00 PSF
May 2024
800 sqft
Condo/Apartment
RM 211,000
Level 8
818 sqft · RM 258.00 PSF
Apr 2025
RM 175,000
Level 7
818 sqft · RM 214.00 PSF
Sep 2024
RM 180,000
Level 8
818 sqft · RM 220.00 PSF
May 2024
RM 175,000
Level 9
807 sqft · RM 217.00 PSF
May 2023
RM 172,000
Level 4
818 sqft · RM 210.00 PSF
Jan 2023
RM 163,000
Level 7
818 sqft · RM 199.00 PSF
Nov 2022
RM 170,000
Level 7
807 sqft · RM 211.00 PSF
Jul 2022
1,400 sqft
3-Storey Shop
RM 985,000
JALAN SUNGAI NYIOR
1,399 sqft · RM 704.00 PSF
Feb 2024
RM 980,000
JALAN SUNGAI NYIOR
1,399 sqft · RM 700.00 PSF
Apr 2022