Taman Mekar Sari
Lrg Mekar Sari 6, Kepala Batas, Pulau Pinang, Malaysia
Lrg Mekar Sari 6, Kepala Batas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Mekar Sari 6
|
RM 460,000
|
RM 159
|
2,885 sqft
|
|
Bungalow |
| 2023 | |||||
|
Lorong Mekarsari 6
|
RM 485,000
|
RM 168
|
2,885 sqft
|
|
Bungalow |
|
Lorong Mekar Sari 7
|
RM 500,000
|
RM 173
|
2,885 sqft
|
|
Bungalow |
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Market Snapshot
ResidentialRM 485,000
RM 168 psfMedian transaction price
Lrg Mekar Sari 6, Kepala Batas, Pulau Pinang, Malaysia
MapsTaman Mekar Sari in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 2,875 and 2,924 sqft, with a median price of RM 485K and a median price per square foot (PSF) of RM 168.
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 485K, with most transactions falling within a stable range of RM 469K to RM 500K, and a typical market range of RM 460K to RM 500K.
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 168, with most transactions between RM 162 and RM 174. The usual range is RM 91.63 to RM 244.63, showing that most units are priced quite close to each other. With an IQR of RM 153.00 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.