Area Intelligence

TAMAN MEKAR SARI

2 properties
2022
Favorite WhatsApp
Median Price
RM 485,000
PSF: RM 241

Residential Market

Median Price

RM 485,000

IQR: RM 171
MAD: RM 50
RM 241 PSF 17.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MEKAR SARI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 485K and a median price per square foot (PSF) of RM 241.

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 485K, with most transactions falling within a stable range of RM 470K to RM 500K, and a typical market range of RM 470K to RM 500K.

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 241, though individual units vary from RM 163 to RM 319 in the core range. The broader market spans RM 163.63 to RM 318.38, indicating diverse property characteristics. A wider spread (IQR: RM 154.75) and deviation (MAD: RM 78) 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

Loading map...

TAMAN MEKAR SARI, Seberang Perai Utara, Penang

OSM

Filter by type, year, price, and size

1 filter active
Clear All Filters

Transactions

2 properties grouped by size

1,450 sqft
1 units Double Storey Terraced
RM 470,000
LORONG MEKAR SARI 11
1,475 sqft · RM 319.00 PSF
Sep 2022
3,050 sqft
1 units Detached
RM 500,000
LORONG MEKAR SARI 5
3,068 sqft · RM 163.00 PSF
Dec 2022