TAMAN MEKAR

TAMAN MEKAR in Seberang Perai Utara, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 499K and a median price per square foot (PSF) of RM 468.

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 499K, with most transactions falling within a stable range of RM 438K to RM 560K, and a typical market range of RM 438K to RM 560K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 468, with core pricing between RM 415 and RM 520. Market pricing typically extends from RM 425.75 to RM 509.25, reflecting moderate variation in unit pricing. With an IQR of RM 83.50 and MAD of RM 53, 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.