TAMAN MEWAH in Seberang Perai Utara, Penang recorded 32 subsale transactions between 2021 and 2025, with a median price of RM 165K and a median price per square foot (PSF) of RM 212.
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 165K, with most transactions falling within a stable range of RM 149K to RM 182K, and a typical market range of RM 149K to RM 181K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 212, with most transactions between RM 192 and RM 232. The usual range is RM 193.63 to RM 230.38, 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.
