MEKARSARI UNGGUL (FASA III) in Seberang Perai Utara, Penang recorded 23 subsale transactions between 2021 and 2025, with a median price of RM 738K and a median price per square foot (PSF) of RM 293.
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 738K, with most transactions falling within a stable range of RM 698K to RM 778K, and a typical market range of RM 671K to RM 805K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 293, with most transactions between RM 284 and RM 302. The usual range is RM 253.25 to RM 332.75, 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. Moderate transaction volume may require patience when buying or selling.