TAMAN MESRA JAYA

TAMAN MESRA JAYA in Seberang Perai Utara, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 365K and a median price per square foot (PSF) of RM 344.

This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 365K, with most transactions falling within a stable range of RM 207K to RM 524K, and a typical market range of RM 193K to RM 784K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

Price per square foot shows a median of RM 344, though individual units vary from RM 226 to RM 462 in the core range. The broader market spans RM 77.50 to RM 609.50, indicating diverse property characteristics. A wider spread (IQR: RM 532.00) and deviation (MAD: RM 118) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.