Taman Seri Mengkuang in Seberang Perai Tengah, Penang recorded 3 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM660K and a median price per square foot (PSF) of RM138.

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 RM660K, with most transactions falling within a stable range of RM645K to RM679K, and a typical market range of RM645K to RM690K.

Within the Bungalow category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM138, with most transactions between RM134 and RM142. The usual range is RM70.95 to RM205.20, showing that most units are priced quite close to each other. With an IQR of RM134.25 and MAD of RM4, 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. Limited transaction history suggests carefully evaluating comparable sales data.