Penang
Seberang Perai Utara
14
TAMAN MESRA JAYA

TAMAN MESRA JAYA

Area Intelligence

2024

Median Price

RM 872,500

PSF: RM 660

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Residential PSF Trends

Median Price

RM 193,000

PSF: RM 211

TAMAN MESRA JAYA in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM 873K and a median price per square foot (PSF) of RM 660.

This area contains both residential and commercial properties. View 4 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 873K, with most transactions falling within a stable range of RM 724K to RM 490K, and a typical market range of RM 546K to RM 490K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

The median PSF stands at RM 660, with core pricing between RM 554 and RM 765. Market pricing typically extends from RM 449.75 to RM 869.25, reflecting moderate variation in unit pricing. The spread of RM 419.50 (IQR) and deviation of RM 106 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MESRA JAYA, Seberang Perai Utara, Penang

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