Taman Mewah
11960 Bayan Lepas, Pulau Pinang, Malaysia
11960 Bayan Lepas, Pulau Pinang, Malaysia
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Selling in Taman Mewah? Homes here sold for a median of RM135,000.
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Taman Mewah
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
Market Snapshot
ResidentialRM135,000
RM299 psfMedian transaction price
Taman Mewah, 11960 Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Mewah in Barat Daya, Penang recorded 0 subsale transactions in 2021, with a median price of RM135K and a median price per square foot (PSF) of RM299.
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 RM135K, with most transactions falling within a stable range of RM125K to RM145K, and a typical market range of RM124K to RM146K.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM299, with most transactions between RM276 and RM322. The usual range is RM275.25 to RM322.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM47.50 and an average deviation (MAD) of RM23 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.