Taman Mekar

14, Lorong Mekar, Taman Mekar, 13400 Butterworth, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,500 sqft
2-Sty Terrace
RM438,000
Lorong Mekar 3
1,485 sqft · RM295 PSF
1,600 sqft
2-Sty Terrace
RM560,000
Lorong Mekar 5
1,604 sqft · RM349 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM499,000

RM322 psf

Median transaction price

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14, Lorong Mekar, Taman Mekar, 13400 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Mekar in Seberang Perai Utara, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM499K and a median price per square foot (PSF) of RM322.

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 RM499K, with most transactions falling within a stable range of RM438K to RM560K, and a typical market range of RM438K to RM560K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM322, with most transactions between RM295 and RM349. The usual range is RM286.90 to RM357.15, showing that most units are priced quite close to each other. With an IQR of RM70.25 and MAD of RM27, 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.