Area Intelligence

TAMAN MENGKUANG JAYA

29 properties
Double Storey Terraced
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Median Price
RM 503,000
PSF: RM 385

Residential Market

Median Price

RM 503,000

IQR: RM 119
MAD: RM 33
RM 385 PSF 7.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 649,000

RM 377 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MENGKUANG JAYA in Seberang Perai Tengah, Penang recorded 29 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 503K and a median price per square foot (PSF) of RM 385.

This area contains both residential and commercial properties. View 43 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 503K, with most transactions falling within a stable range of RM 425K to RM 608K, and a typical market range of RM 434K to RM 572K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 385, with core pricing between RM 328 and RM 442. Market pricing typically extends from RM 325.75 to RM 444.25, reflecting moderate variation in unit pricing. With an IQR of RM 118.50 and MAD of RM 57, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TAMAN MENGKUANG JAYA, Seberang Perai Tengah, Penang

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Transactions

29 properties grouped by size

1,200 sqft
1 units Double Storey Terraced
RM 757,000
JALAN MENGKUANG JAYA 3
1,216 sqft · RM 622.00 PSF
Aug 2024
1,300 sqft
21 units (showing 6) Double Storey Terraced
RM 495,000
JALAN MENGKUANG JAYA
1,302 sqft · RM 380.00 PSF
Feb 2025
RM 425,000
LORONG MENGKUANG JAYA 1
1,302 sqft · RM 326.00 PSF
Jul 2024
RM 500,000
JALAN MENGKUANG JAYA 3
1,300 sqft · RM 385.00 PSF
Mar 2024
RM 500,000
JALAN MENGKUANG JAYA
1,300 sqft · RM 385.00 PSF
Feb 2024
RM 515,000
JALAN MENGKUANG JAYA
1,300 sqft · RM 396.00 PSF
Oct 2023
RM 500,000
JALAN MENGKUANG JAYA 3
1,300 sqft · RM 385.00 PSF
Oct 2023
1,450 sqft
2 units Double Storey Terraced
RM 500,000
JALAN MENGKUANG JAYA
1,445 sqft · RM 346.00 PSF
Nov 2023
RM 515,000
LORONG MENGKUANG JAYA 1
1,453 sqft · RM 354.00 PSF
Dec 2021
1,500 sqft
1 units Double Storey Terraced
RM 512,000
JALAN MENGKUANG JAYA
1,505 sqft · RM 340.00 PSF
Jun 2023
2,100 sqft
1 units Double Storey Terraced
RM 756,000
JALAN MENGKUANG JAYA
2,088 sqft · RM 362.00 PSF
Nov 2023
2,150 sqft
1 units Double Storey Terraced
RM 749,000
JALAN MENGKUANG JAYA
2,166 sqft · RM 346.00 PSF
Jul 2023
2,400 sqft
1 units Double Storey Terraced
RM 770,000
JALAN MENGKUANG JAYA
2,413 sqft · RM 319.00 PSF
Jul 2023
3,350 sqft
1 units Double Storey Terraced
RM 793,000
JALAN MENGKUANG JAYA
3,348 sqft · RM 237.00 PSF
Jan 2024