TAMAN MESRA PERMAI

Area Intelligence
2023
Median Price
RM 825,000
PSF: RM 588

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. 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.

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TAMAN MESRA PERMAI, Seberang Perai Utara, Penang

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Transactions

6 transactions grouped by size

1,050 sqft
Double Storey Shop
RM 820,000
LORONG MESRA PERMAI 4
1,051 sqft · RM 781 PSF
RM 820,000
LORONG MESRA PERMAI 4
1,056 sqft · RM 777 PSF
1,350 sqft
Double Storey Terraced
RM 773,000
LORONG MESRA PERMAI 12
1,356 sqft · RM 570 PSF
1,450 sqft
Double Storey Terraced
RM 830,000
LORONG MESRA PERMAI 8
1,442 sqft · RM 575 PSF
1,550 sqft
Double Storey Terraced
RM 930,000
LORONG MESRA PERMAI 10
1,550 sqft · RM 600 PSF
1,950 sqft
Double Storey Terraced
RM 1,080,000
LORONG MESRA PERMAI 12
1,948 sqft · RM 554 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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