Area Intelligence

TAMAN MEKAR SARI

8 properties
Double Storey Terraced
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Median Price
RM 551,500
PSF: RM 332

Residential Market

Median Price

RM 551,500

IQR: RM 171
MAD: RM 50
RM 332 PSF 17.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 8 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 552K and a median price per square foot (PSF) of RM 332.

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 552K, with most transactions falling within a stable range of RM 445K to RM 682K, and a typical market range of RM 495K to RM 608K.

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 RM 332, with most transactions between RM 304 and RM 360. The usual range is RM 254.63 to RM 409.38, showing that most units are priced quite close to each other. With an IQR of RM 154.75 and MAD of RM 28, 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

8 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