TAMAN MESRA

Area Intelligence

2022

Median Price

RM 70,000

PSF: RM 122

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Residential PSF Trends

Median Price

RM 70,000

PSF: RM 122

TAMAN MESRA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 70K and a median price per square foot (PSF) of RM 122.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 70K, with most transactions falling within a stable range of RM 65K to RM 90K, and a typical market range of RM 65K to RM 76K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM 122, though individual units vary from RM 87 to RM 157 in the core range. The broader market spans RM 111.50 to RM 132.50, indicating diverse property characteristics. A wider spread (IQR: RM 21.00) and deviation (MAD: RM 35) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MESRA, Seberang Perai Utara, Penang

OSM

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 65,000

Level 1

576 sqft • RM 113.00 PSF

Sep 2022

RM 75,000

Level G

576 sqft • RM 130.00 PSF

Sep 2022

RM 120,000

Level G

576 sqft • RM 208.00 PSF

Aug 2022

RM 69,000

Level G

576 sqft • RM 120.00 PSF

May 2022

RM 70,000

Level 1

576 sqft • RM 122.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
Level 1	RM 65,000	RM 113.00	576 sqft	Sep 2022	Low-Cost Flat
Level G	RM 75,000	RM 130.00	576 sqft	Sep 2022	Low-Cost Flat
Level G	RM 120,000	RM 208.00	576 sqft	Aug 2022	Low-Cost Flat
Level G	RM 69,000	RM 120.00	576 sqft	May 2022	Low-Cost Flat
Level 1	RM 70,000	RM 122.00	576 sqft	Mar 2022	Low-Cost Flat