TAMAN MESRA PERMAI

Area Intelligence
2022
Median Price
RM 835,500
PSF: RM 597

Residential PSF Trends

Median Price

RM 835,500

PSF: RM 597

Commercial PSF Trends

Median Price

RM 820,000

RM 779 PSF

TAMAN MESRA PERMAI in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2022, with a median price of RM 836K and a median price per square foot (PSF) of RM 597.

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 836K, with most transactions falling within a stable range of RM 798K to RM 873K, and a typical market range of RM 807K to RM 864K.

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 597, with most transactions between RM 566 and RM 628. The usual range is RM 571.00 to RM 622.00, 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.

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TAMAN MESRA PERMAI, Seberang Perai Utara, Penang

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