Taman Mekar
14, Lorong Mekar, Taman Mekar, 13400 Butterworth, Pulau Pinang, Malaysia
14, Lorong Mekar, Taman Mekar, 13400 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Mekar 5
|
RM560,000
|
RM349
|
1,604 sqft
|
|
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Taman Mekar
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 14
Market Snapshot
ResidentialRM560,000
RM349 psfMedian transaction price
14, Lorong Mekar, Taman Mekar, 13400 Butterworth, Pulau Pinang, Malaysia
MapsTaman Mekar in Seberang Perai Utara, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM560K and a median price per square foot (PSF) of RM349.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM349, with most transactions between RM349 and RM349. The usual range is RM314.05 to RM384.30, showing that most units are priced quite close to each other. With an IQR of RM70.25 and MAD of RM0, 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.