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 533K to RM 633K, and a typical market range of RM 527K to RM 639K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 223, though individual units vary from RM 165 to RM 282 in the core range. The broader market spans RM 145.63 to RM 300.38, indicating diverse property characteristics. A wider spread (IQR: RM 154.75) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
