Penang
Seberang Perai Utara
14
PANGSAPURI MESRA JAYA

PANGSAPURI MESRA JAYA

Area Intelligence

2023

Median Price

RM 507,000

PSF: RM 263

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Residential PSF Trends

Median Price

RM 507,000

PSF: RM 263

PANGSAPURI MESRA JAYA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 507K and a median price per square foot (PSF) of RM 263.

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 507K, with most transactions falling within a stable range of RM 507K to RM 519K, and a typical market range of RM 507K to RM 530K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 263, with core pricing between RM 236 and RM 290. Market pricing typically extends from RM 249.75 to RM 276.25, reflecting moderate variation in unit pricing. With an IQR of RM 26.50 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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.

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PANGSAPURI MESRA JAYA, Seberang Perai Utara, Penang

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