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 773K to RM 928K, 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.
The median PSF stands at RM 588, with core pricing between RM 490 and RM 685. Market pricing typically extends from RM 562.00 to RM 613.00, reflecting moderate variation in unit pricing. The spread of RM 51.00 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.
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.
