TAMAN SERI MENGKUANG
Seberang Perai Tengah, Penang · Freehold · 16 transactions
Median Price
RM410K
RM343K – RM450K
Median PSF
RM303
RM255 – RM325
Transactions
16
2021-09 to 2024-07
Size Range
646 – 2842
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for TAMAN SERI MENGKUANG
Investment Return
Earliest PSF (2021)
RM336
Current PSF (2024)
RM232
Capital Gain
-30.9%
Total Return (est.)
-6.3% p.a.
| Capital appreciation (3 years) | -30.9% |
| Annualised capital return | -10.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -6.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -29.4% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 750 sqft | 3 | RM245K | RM325 |
| 1,200 sqft | 2 | RM450K | RM370 |
| 1,450 sqft | 2 | RM420K | RM289 |
| 2,150 sqft | 2 | RM690K | RM324 |
Market Verdict
PSF Trend: Declining
PSF moved from RM336 (2021) to RM232 (2024)
Liquidity: Moderate
16 transactions over 3 years (~5/year)
13% below Seberang Perai Tengah average
This project: RM303 PSF vs Seberang Perai Tengah median: RM350 PSF
Est. Total Return: -6.3% p.a. (below FD)
Capital loss (-10.3% p.a.) + rental yield (~4% p.a.)
Verdict
TAMAN SERI MENGKUANG delivers a modest estimated total return of -6.3% p.a. — comprising -10.3% capital depreciation and ~4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 13% below the Seberang Perai Tengah average — potentially undervalued. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 16| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jul 2024 | Detached | Freehold | 2,842 | RM232 | RM660K |
| Dec 2023 | Cluster House | Freehold | 753 | RM312 | RM235K |
| Sept 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 1,453 | RM289 | RM420K |
| Sept 2023 | Cluster House | Freehold | 753 | RM325 | RM245K |
| Apr 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 1,528 | RM294 | RM450K |
11 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 16 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Tengah & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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