Taman Mekar
14, Lorong Mekar, Taman Mekar, 13400 Butterworth, Pulau Pinang, Malaysia
14, Lorong Mekar, Taman Mekar, 13400 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Mekar 3
|
RM 438,000
|
RM 295
|
1,485 sqft
|
|
|
Lorong Mekar 5
|
RM 560,000
|
RM 349
|
1,604 sqft
|
|
|
Jalan Mekar 2
|
RM 1,950,000
|
RM 453
|
4,306 sqft
|
|
|
Lorong Mekar
|
RM 1,800,000
|
RM 353
|
5,102 sqft
|
|
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Market Snapshot
ResidentialRM 1,180,000
RM 434 psfMedian transaction price
14, Lorong Mekar, Taman Mekar, 13400 Butterworth, Pulau Pinang, Malaysia
MapsTaman Mekar in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 1.18 million and a median price per square foot (PSF) of RM 353.
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 1.18 million, with most transactions falling within a stable range of RM 499K to RM 1.86 million, and a typical market range of RM 526K to RM 1.83 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 353, with core pricing between RM 303 and RM 403. Market pricing typically extends from RM 317.68 to RM 387.93, reflecting moderate variation in unit pricing. With an IQR of RM 70.25 and MAD of RM 50, 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.