MEWAH COURT

Area Intelligence
2023
Median Price
RM 312,000
PSF: RM 348

Residential PSF Trends

Median Price

RM 312,000

PSF: RM 348

MEWAH COURT in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 312K and a median price per square foot (PSF) of RM 348.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 312K, with most transactions falling within a stable range of RM 300K to RM 411K, and a typical market range of RM 300K to RM 326K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 348, with most transactions between RM 333 and RM 362. The usual range is RM 335.50 to RM 359.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.00 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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MEWAH COURT, Timur Laut, Penang

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Transactions

7 transactions grouped by size

850 sqft
Flat
RM 320,000
Level 6
872 sqft · RM 367 PSF
RM 300,000
Level 15
872 sqft · RM 344 PSF
900 sqft
Flat
RM 310,000
Level 10
883 sqft · RM 351 PSF
RM 314,000
Level 10
883 sqft · RM 356 PSF
RM 330,000
Level 3
883 sqft · RM 374 PSF
RM 335,000
Level 17
883 sqft · RM 380 PSF
1,800 sqft
Flat
RM 600,000
Level 20
1,787 sqft · RM 336 PSF

No Properties For Sale

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

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