Penang
Seberang Perai Utara
6
TAMAN MEKAR SARI

TAMAN MEKAR SARI

Area Intelligence

2024

Median Price

RM 583,000

PSF: RM 223

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Residential PSF Trends

Median Price

RM 583,000

PSF: RM 223

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2024, with a median price of RM 583K and a median price per square foot (PSF) of RM 223.

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 583K, with most transactions falling within a stable range of RM 578K to RM 460K, and a typical market range of RM 527K to RM 460K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 223, with most transactions between RM 217 and RM 229. The usual range is RM 145.63 to RM 300.38, showing that most units are priced quite close to each other. With an IQR of RM 154.75 and MAD of RM 6, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MEKAR SARI, Seberang Perai Utara, Penang

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