Taman Mengkudu

Taman Mengkudu Juru, 14100 Simpang Ampat, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM85,000

RM158 psf

Median transaction price

Taman Mengkudu
© OpenStreetMap · CARTO

Taman Mengkudu Juru, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Mengkudu in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM85K and a median price per square foot (PSF) of RM158.

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 RM85K, with most transactions falling within a stable range of RM70K to RM100K, and a typical market range of RM68K to RM102K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM158, with core pricing between RM130 and RM186. Market pricing typically extends from RM132.50 to RM183.50, reflecting moderate variation in unit pricing. The spread of RM51.00 (IQR) and deviation of RM28 (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.