TAMAN MEKAR

TAMAN MEKAR in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 560K and a median price per square foot (PSF) of RM 415.

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 RM 560K, with most transactions falling within a stable range of RM 438K to RM 682K, and a typical market range of RM 438K to RM 901K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 415, with core pricing between RM 353 and RM 477. Market pricing typically extends from RM 373.25 to RM 456.75, reflecting moderate variation in unit pricing. With an IQR of RM 83.50 and MAD of RM 62, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.