TAMAN MESRA

TAMAN MESRA in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2021, with a median price of RM 67K and a median price per square foot (PSF) of RM 116.

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 67K, with most transactions falling within a stable range of RM 57K to RM 77K, and a typical market range of RM 61K to RM 73K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 116, with core pricing between RM 98 and RM 134. Market pricing typically extends from RM 105.50 to RM 126.50, reflecting moderate variation in unit pricing. The spread of RM 21.00 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.