TAMAN MEKAR SARI

Area Intelligence
2023
Median Price
RM 500,000
PSF: RM 339

Residential PSF Trends

Median Price

RM 500,000

PSF: RM 339

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 339.

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 500K, with most transactions falling within a stable range of RM 468K to RM 520K, and a typical market range of RM 445K to RM 520K.

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 339, with most transactions between RM 317 and RM 361. The usual range is RM 261.63 to RM 416.38, showing that most units are priced quite close to each other. With an IQR of RM 154.75 and MAD of RM 22, 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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Transactions

3 transactions grouped by size

1,450 sqft
Double Storey Terraced
RM 445,000
LORONG MEKAR SARI 11
1,475 sqft · RM 302 PSF
RM 500,000
LORONG MEKAR SARI 13
1,475 sqft · RM 339 PSF
RM 520,000
LORONG MEKAR SARI 13
1,475 sqft · RM 353 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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