Taman Mekar in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, 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.