LIST

Penang, Seberang Perai Utara, Butterworth

TAMAN MEWAH

Area Intelligence
2024
Median Price
RM 175,000
PSF: RM 220
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Residential PSF Trends

Median Price

RM 171,500

PSF: RM 217

Commercial PSF Trends

Median Price

RM 985,000

RM 704 PSF

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.

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TAMAN MEWAH, Seberang Perai Utara, Penang

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Transactions

11 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 158,000
Level 7
753 sqft · RM 210 PSF
RM 130,000
Level 9
753 sqft · RM 173 PSF
RM 168,000
Level 1
753 sqft · RM 223 PSF
RM 190,000
Level 8
753 sqft · RM 252 PSF
RM 190,000
Level 9
753 sqft · RM 252 PSF
RM 145,000
Level 5
753 sqft · RM 192 PSF
RM 143,000
Level 8
753 sqft · RM 190 PSF
RM 190,000
Level 9
753 sqft · RM 252 PSF
800 sqft
Condo/Apartment
RM 175,000
Level 7
818 sqft · RM 214 PSF
RM 180,000
Level 8
818 sqft · RM 220 PSF
1,400 sqft
3-Storey Shop
RM 985,000
JALAN SUNGAI NYIOR
1,399 sqft · RM 704 PSF

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

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