TAMAN MESRA

TAMAN MESRA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 88K and a median price per square foot (PSF) of RM 153.

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 88K, with most transactions falling within a stable range of RM 80K to RM 104K, and a typical market range of RM 82K to RM 94K.

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

The median PSF stands at RM 153, with core pricing between RM 125 and RM 181. Market pricing typically extends from RM 142.50 to RM 163.50, reflecting moderate variation in unit pricing. The spread of RM 21.00 (IQR) and deviation of RM 28 (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.