MEKARSARI UNGGUL (FASA III) in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2023, with a median price of RM 628K and a median price per square foot (PSF) of RM 367.
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 588K to RM 668K, and a typical market range of RM 561K to RM 695K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 367, with most transactions between RM 358 and RM 376. The usual range is RM 327.25 to RM 406.75, showing that most units are priced quite close to each other. With an IQR of RM 79.50 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.
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. Limited transaction history suggests carefully evaluating comparable sales data.
