Taman Mekar in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM1.18 million and a median price per square foot (PSF) of RM353.

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 RM1.18 million, with most transactions falling within a stable range of RM499K to RM1.86 million, and a typical market range of RM526K to RM1.83 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM353, with core pricing between RM303 and RM403. Market pricing typically extends from RM317.68 to RM387.93, reflecting moderate variation in unit pricing. With an IQR of RM70.25 and MAD of RM50, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.