TAMAN MESRA PERMAI in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2023, with a median price of RM 825K and a median price per square foot (PSF) of RM 588.
This area contains both residential and commercial properties. View 10 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 825K, with most transactions falling within a stable range of RM 788K to RM 863K, and a typical market range of RM 796K to RM 854K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 588, with most transactions between RM 557 and RM 619. The usual range is RM 562.00 to RM 613.00, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.
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.
