TAMAN MESRA

Area Intelligence

2023

Median Price

RM 75,500

PSF: RM 136

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Residential PSF Trends

Median Price

RM 75,500

PSF: RM 136

TAMAN MESRA in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2023, with a median price of RM 76K and a median price per square foot (PSF) of RM 136.

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 76K, with most transactions falling within a stable range of RM 70K to RM 81K, and a typical market range of RM 70K to RM 82K.

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

For price per square foot, the median is RM 136, with most transactions between RM 126 and RM 145. The usual range is RM 125.00 to RM 146.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

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, Seberang Perai Utara, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

550 sqft

Low-Cost Flat

550 sqft

Low-Cost Flat

RM 75,000

Level G

538 sqft · RM 139 PSF

Feb 2023

Level G

RM 75,000

RM 139

538 sqft

Feb 2023

600 sqft

Low-Cost Flat

600 sqft

Low-Cost Flat

RM 76,000

Level 1

576 sqft · RM 132 PSF

Nov 2023

RM 68,000

Level 1

576 sqft · RM 118 PSF

Sep 2023

RM 75,000

Level G

576 sqft · RM 130 PSF

Apr 2023

RM 85,000

Level G

576 sqft · RM 148 PSF

Mar 2023

RM 82,000

Level 1

576 sqft · RM 142 PSF

Feb 2023

Level 1	RM 76,000	RM 132	576 sqft	Nov 2023
Level 1	RM 68,000	RM 118	576 sqft	Sep 2023
Level G	RM 75,000	RM 130	576 sqft	Apr 2023
Level G	RM 85,000	RM 148	576 sqft	Mar 2023
Level 1	RM 82,000	RM 142	576 sqft	Feb 2023