TAMAN MESRA

TAMAN MESRA in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2023, with a median price of RM 76K and a median price per square foot (PSF) of RM 136.

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 76K, with most transactions falling within a stable range of RM 69K to RM 83K, and a typical market range of RM 70K to RM 82K.

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

For price per square foot, the median is RM 136, with most transactions between RM 124 and RM 148. The usual range is RM 125.00 to RM 146.00, 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.