TAMAN MEWAH

TAMAN MEWAH in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2024, with a median price of RM 175K and a median price per square foot (PSF) of RM 220.

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 175K, with most transactions falling within a stable range of RM 130K to RM 411K, and a typical market range of RM 159K to RM 191K.

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

Price per square foot shows a median of RM 220, though individual units vary from RM 78 to RM 362 in the core range. The broader market spans RM 201.63 to RM 238.38, indicating diverse property characteristics. A wider spread (IQR: RM 36.75) and deviation (MAD: RM 142) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.