Area Intelligence

TAMAN MEKAR SARI

6 properties
Single Storey Semi-D
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Median Price
RM 475,000
PSF: RM 181

Residential Market

Median Price

RM 475,000

IQR: RM 171
MAD: RM 50
RM 181 PSF 17.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 6 Single Storey Semi-D properties subsale transactions between 2021 and 2025 for single storey semi-d properties, with a median price of RM 475K and a median price per square foot (PSF) of RM 181.

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 475K, with most transactions falling within a stable range of RM 411K to RM 539K, and a typical market range of RM 419K to RM 531K.

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

The median PSF stands at RM 181, with core pricing between RM 157 and RM 204. Market pricing typically extends from RM 103.13 to RM 257.88, reflecting moderate variation in unit pricing. With an IQR of RM 154.75 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN MEKAR SARI, Seberang Perai Utara, Penang

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Transactions

6 properties grouped by size

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