LIST

Penang, Seberang Perai Utara, Butterworth

TAMAN MEWAH

Area Intelligence
2023
Median Price
RM 170,000
PSF: RM 219
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Residential PSF Trends

Median Price

RM 170,000

PSF: RM 219

Commercial PSF Trends

Median Price

RM 982,500

RM 702 PSF

TAMAN MEWAH in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 219.

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 170K, with most transactions falling within a stable range of RM 152K to RM 188K, and a typical market range of RM 154K to RM 186K.

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

The median PSF stands at RM 219, with core pricing between RM 196 and RM 242. Market pricing typically extends from RM 200.63 to RM 237.38, reflecting moderate variation in unit pricing. With an IQR of RM 36.75 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN MEWAH, Seberang Perai Utara, Penang

OSM

Track location

Transactions

9 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
750 sqft
Condo/Apartment
RM 165,000
Level 5
753 sqft · RM 219 PSF
RM 165,000
Level 8
753 sqft · RM 219 PSF
RM 130,000
Level 9
753 sqft · RM 173 PSF
RM 170,000
Level 1
753 sqft · RM 226 PSF
RM 180,000
Level 5
753 sqft · RM 239 PSF
RM 190,000
Level 5
753 sqft · RM 252 PSF
RM 138,000
Level 5
753 sqft · RM 183 PSF
800 sqft
Condo/Apartment
RM 175,000
Level 9
807 sqft · RM 217 PSF
RM 172,000
Level 4
818 sqft · RM 210 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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