TAMAN MESRA JAYA

TAMAN MESRA JAYA in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 253.

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 230K, with most transactions falling within a stable range of RM 220K to RM 240K, and a typical market range of RM 220K to RM 240K.

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

For price per square foot, the median is RM 253, with most transactions between RM 240 and RM 265. The usual range is RM 0.00 to RM 518.50, showing that most units are priced quite close to each other. With an IQR of RM 532.00 and MAD of RM 13, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.