Penang
Seberang Perai Utara
14
TAMAN MESRA PERMAI

TAMAN MESRA PERMAI

Area Intelligence

2023

Median Price

RM 825,000

PSF: RM 588

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Residential PSF Trends

Median Price

RM 880,000

PSF: RM 573

Commercial PSF Trends

Median Price

RM 820,000

RM 779 PSF

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.

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 588 and RM 588. 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 0, 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.

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TAMAN MESRA PERMAI, Seberang Perai Utara, Penang

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