TAMAN MEKAR SARI

Area Intelligence
2023
Median Price
RM 492,500
PSF: RM 182

Residential PSF Trends

Median Price

RM 492,500

PSF: RM 182

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2023, with a median price of RM 493K and a median price per square foot (PSF) of RM 182.

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 493K, with most transactions falling within a stable range of RM 457K to RM 520K, and a typical market range of RM 436K to RM 520K.

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 182, though individual units vary from RM 102 to RM 261 in the core range. The broader market spans RM 104.13 to RM 258.88, indicating diverse property characteristics. A wider spread (IQR: RM 154.75) and deviation (MAD: RM 80) 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.

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TAMAN MEKAR SARI, Seberang Perai Utara, Penang

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Transactions

8 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
2,650 sqft
Single Storey Semi-D
RM 500,000
LORONG MEKAR SARI 7
2,637 sqft · RM 190 PSF
RM 410,000
LORONG MEKAR SARI 7
2,648 sqft · RM 155 PSF
RM 440,000
LORONG MEKAR SARI 8
2,648 sqft · RM 166 PSF
2,900 sqft
Bungalow
RM 485,000
LORONG MEKARSARI 6
2,885 sqft · RM 168 PSF
RM 500,000
LORONG MEKAR SARI 7
2,885 sqft · RM 173 PSF

No Properties For Sale

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

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