TAMAN MESRA in Seberang Perai Utara, Penang recorded 21 subsale transactions between 2021 and 2025, with a median price of RM 75K and a median price per square foot (PSF) of RM 130.
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 75K, with most transactions falling within a stable range of RM 58K to RM 92K, and a typical market range of RM 69K to RM 81K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 130, though individual units vary from RM 101 to RM 159 in the core range. The broader market spans RM 119.50 to RM 140.50, indicating diverse property characteristics. The spread of RM 21.00 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.