Taman Mekar

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

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Market Snapshot

Residential

RM1,180,000

RM434 psf

Median transaction price

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

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Taman Mekar in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2026, with a median price of RM1.18 million and a median price per square foot (PSF) of RM434.

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 RM434, with core pricing between RM384 and RM484. Market pricing typically extends from RM398.88 to RM469.13, 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.