TAMAN MEKAR SARI

Area Intelligence
2024
Median Price
RM 550,000
PSF: RM 208

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 208

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 208.

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 550K, with most transactions falling within a stable range of RM 451K to RM 649K, and a typical market range of RM 494K to RM 606K.

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 208, though individual units vary from RM 161 to RM 255 in the core range. The broader market spans RM 130.63 to RM 285.38, indicating diverse property characteristics. The spread of RM 154.75 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.

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

5 transactions grouped by size

2,450 sqft
Double Storey Terraced
RM 721,000
LORONG MEKAR SARI 4
2,465 sqft · RM 293 PSF
2,650 sqft
Single Storey Semi-D
RM 590,000
LORONG MEKAR SARI 7
2,648 sqft · RM 223 PSF
RM 450,000
LORONG MEKAR SARI 7
2,637 sqft · RM 171 PSF
RM 550,000
LORONG MEKAR SARI 7
2,648 sqft · RM 208 PSF
2,900 sqft
Bungalow
RM 460,000
LORONG MEKAR SARI 6
2,885 sqft · RM 159 PSF

No Properties For Sale

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

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