MEKARSARI UNGGUL (FASA III)

MEKARSARI UNGGUL (FASA III) in Seberang Perai Utara, Penang recorded 58 subsale transactions in 2024, with a median price of RM 628K and a median price per square foot (PSF) of RM 366.

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 628K, with most transactions falling within a stable range of RM 569K to RM 712K, and a typical market range of RM 569K to RM 694K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 366, with core pricing between RM 305 and RM 426. Market pricing typically extends from RM 325.75 to RM 405.25, reflecting moderate variation in unit pricing. The spread of RM 79.50 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.