TAMAN MESRA JAYA

TAMAN MESRA JAYA in Seberang Perai Utara, Penang recorded 2 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 1.45 million and a median price per square foot (PSF) of RM 1,038.

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 1.45 million, with most transactions falling within a stable range of RM 1.26 million to RM 1.65 million, and a typical market range of RM 1.26 million to RM 1.65 million.

Within the 3-Storey Shop category, condominium/apartment dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 1,038, with core pricing between RM 897 and RM 1,179. Market pricing typically extends from RM 772.00 to RM 1,304.00, reflecting moderate variation in unit pricing. With an IQR of RM 532.00 and MAD of RM 141, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.