Penang
Seberang Perai Utara
6
TAMAN MEKAR SARI

TAMAN MEKAR SARI

Area Intelligence

2024

Median Price

RM 611,000

PSF: RM 373

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Residential PSF Trends

Median Price

RM 611,000

PSF: RM 373

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 611K and a median price per square foot (PSF) of RM 373.

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 611K, with most transactions falling within a stable range of RM 583K to RM 639K, and a typical market range of RM 583K to RM 639K.

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 373, with most transactions between RM 368 and RM 378. The usual range is RM 295.63 to RM 450.38, showing that most units are priced quite close to each other. With an IQR of RM 154.75 and MAD of RM 5, 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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