TAMAN MESRA

Area Intelligence

2022

Median Price

RM 70,000

PSF: RM 122

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Residential PSF Trends

Median Price

RM 70,000

PSF: RM 122

TAMAN MESRA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 70K and a median price per square foot (PSF) of RM 122.

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 70K, with most transactions falling within a stable range of RM 63K to RM 77K, and a typical market range of RM 64K to RM 76K.

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

For price per square foot, the median is RM 122, with most transactions between RM 110 and RM 134. The usual range is RM 111.50 to RM 132.50, 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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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

600 sqft

Low-Cost Flat

600 sqft

Low-Cost Flat

RM 65,000

Level 1

576 sqft · RM 113 PSF

Sep 2022

RM 75,000

Level G

576 sqft · RM 130 PSF

Sep 2022

RM 120,000

Level G

576 sqft · RM 208 PSF

Aug 2022

RM 69,000

Level G

576 sqft · RM 120 PSF

May 2022

RM 70,000

Level 1

576 sqft · RM 122 PSF

Mar 2022

Level 1	RM 65,000	RM 113	576 sqft	Sep 2022
Level G	RM 75,000	RM 130	576 sqft	Sep 2022
Level G	RM 120,000	RM 208	576 sqft	Aug 2022
Level G	RM 69,000	RM 120	576 sqft	May 2022
Level 1	RM 70,000	RM 122	576 sqft	Mar 2022