TAMAN MESRA

Area Intelligence

2024

Median Price

RM 88,000

PSF: RM 153

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Residential PSF Trends

Median Price

RM 88,000

PSF: RM 153

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 81K to RM 95K, and a typical market range of RM 82K to RM 94K.

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

For price per square foot, the median is RM 153, with most transactions between RM 141 and RM 165. The usual range is RM 142.50 to RM 163.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.00 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

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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TAMAN MESRA, Seberang Perai Utara, Penang

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