Area Intelligence

TAMAN MEKAR SARI

4 properties
Detached
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Median Price
RM 492,500
PSF: RM 166

Residential Market

Median Price

RM 492,500

IQR: RM 171
MAD: RM 50
RM 166 PSF 17.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 4 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 493K and a median price per square foot (PSF) of RM 166.

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 493K, with most transactions falling within a stable range of RM 476K to RM 500K, and a typical market range of RM 460K to RM 500K.

Within the Detached 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 166, with most transactions between RM 160 and RM 171. The usual range is RM 88.13 to RM 242.88, showing that most units are priced quite close to each other. With an IQR of RM 154.75 and MAD of RM 5, 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. 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

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Transactions

4 properties grouped by size

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