Taman Sri Mewah

348, Lorong Khoo Hye Keat, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM988,000
Lebuh Batu. Maung 6
1,615 sqft · RM612 PSF
RM900,000
Lebuh Batu. Maung 8
1,615 sqft · RM557 PSF
1,850 sqft
2-Sty Terrace
RM750,000
Lebuh Batu Maung 1/2
1,851 sqft · RM405 PSF
2,050 sqft
2-Sty Terrace
RM1,250,000
Lebuh Batu Maung 8
2,034 sqft · RM614 PSF
2,200 sqft
2-Sty Terrace
RM1,260,000
Lebuh Batu Maung 2
2,207 sqft · RM571 PSF
2,700 sqft
Semi-D
RM720,000
Lebuhraya Batu Maung
2,691 sqft · RM268 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Sri Mewah? Homes here sold for a median of RM944,000.

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Market Snapshot

Residential

RM944,000

RM564 psf

Median transaction price

Taman Sri Mewah
© OpenStreetMap · CARTO

348, Lorong Khoo Hye Keat, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Taman Sri Mewah in Barat Daya, Penang recorded 6 subsale transactions in 2023, with a median price of RM944K and a median price per square foot (PSF) of RM564.

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 RM944K, with most transactions falling within a stable range of RM729K to RM1.16 million, and a typical market range of RM858K to RM1.03 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM564, though individual units vary from RM437 to RM691 in the core range. The broader market spans RM485.97 to RM642.47, indicating diverse property characteristics. The spread of RM156.50 (IQR) and deviation of RM127 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.