Area Intelligence

TAMAN MEKAR SARI

18 properties
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Median Price
RM 500,000
PSF: RM 216

Residential Market

Median Price

RM 500,000

IQR: RM 171
MAD: RM 50
RM 311 PSF 17.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 216.

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 RM 500K, with most transactions falling within a stable range of RM 450K to RM 550K, and a typical market range of RM 444K to RM 556K.

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

Price per square foot shows a median of RM 216, though individual units vary from RM 157 to RM 274 in the core range. The broader market spans RM 138.13 to RM 292.88, indicating diverse property characteristics. A wider spread (IQR: RM 154.75) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN MEKAR SARI, Seberang Perai Utara, Penang

OSM

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Transactions

18 properties grouped by size

1,450 sqft
4 units Double Storey Terraced
RM 445,000
LORONG MEKAR SARI 11
1,475 sqft · RM 302.00 PSF
Aug 2023
RM 500,000
LORONG MEKAR SARI 13
1,475 sqft · RM 339.00 PSF
Jun 2023
RM 520,000
LORONG MEKAR SARI 13
1,475 sqft · RM 353.00 PSF
May 2023
RM 470,000
LORONG MEKAR SARI 11
1,475 sqft · RM 319.00 PSF
Sep 2022
1,600 sqft
1 units Double Storey Terraced
RM 583,000
JLN MEKAR SARI
1,582 sqft · RM 368.00 PSF
Feb 2024
1,700 sqft
1 units Double Storey Terraced
RM 639,000
LORONG MEKAR SARI 4
1,690 sqft · RM 378.00 PSF
Oct 2024
2,450 sqft
1 units Double Storey Terraced
RM 721,000
LORONG MEKAR SARI 4
2,465 sqft · RM 293.00 PSF
Feb 2024
2,600 sqft
1 units Double Storey Terraced
RM 850,000
LORONG MEKAR SARI 10
2,616 sqft · RM 325.00 PSF
Jan 2025
2,650 sqft
6 units Single Storey Semi-D
RM 590,000
LORONG MEKAR SARI 7
2,648 sqft · RM 223.00 PSF
Oct 2024
RM 450,000
LORONG MEKAR SARI 7
2,637 sqft · RM 171.00 PSF
May 2024
RM 550,000
LORONG MEKAR SARI 7
2,648 sqft · RM 208.00 PSF
Mar 2024
RM 500,000
LORONG MEKAR SARI 7
2,637 sqft · RM 190.00 PSF
Nov 2023
RM 410,000
LORONG MEKAR SARI 7
2,648 sqft · RM 155.00 PSF
Jul 2023
RM 440,000
LORONG MEKAR SARI 8
2,648 sqft · RM 166.00 PSF
Mar 2023
2,900 sqft
3 units Detached
RM 460,000
LORONG MEKAR SARI 6
2,885 sqft · RM 159.00 PSF
Aug 2024
RM 485,000
LORONG MEKARSARI 6
2,885 sqft · RM 168.00 PSF
Jul 2023
RM 500,000
LORONG MEKAR SARI 7
2,885 sqft · RM 173.00 PSF
Feb 2023
3,050 sqft
1 units Detached
RM 500,000
LORONG MEKAR SARI 5
3,068 sqft · RM 163.00 PSF
Dec 2022