Area Intelligence

TAMAN MESRA PERMAI

10 properties
Double Storey Terraced
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Median Price
RM 837,500
PSF: RM 581

Residential Market

Median Price

RM 837,500

IQR: RM 47
MAD: RM 27
RM 581 PSF 4.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 820,000

IQR: RM 2
MAD: RM 2
RM 779 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MESRA PERMAI in Seberang Perai Utara, Penang recorded 10 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 838K and a median price per square foot (PSF) of RM 581.

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 838K, with most transactions falling within a stable range of RM 750K to RM 927K, and a typical market range of RM 809K to RM 866K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 581, with most transactions between RM 540 and RM 621. The usual range is RM 555.00 to RM 606.00, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 40, 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.

Area Location

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TAMAN MESRA PERMAI, Seberang Perai Utara, Penang

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Transactions

10 properties grouped by size

1,350 sqft
4 units Double Storey Terraced
RM 773,000
LORONG MESRA PERMAI 12
1,356 sqft · RM 570.00 PSF
Dec 2023
RM 870,000
LORONG MESRA PERMAI 12
1,356 sqft · RM 641.00 PSF
Oct 2022
RM 826,000
LORONG MESRA PERMAI 12
1,356 sqft · RM 609.00 PSF
Apr 2022
RM 750,000
LORONG MESRA PERMAI 10
1,356 sqft · RM 553.00 PSF
Mar 2022
1,450 sqft
3 units Double Storey Terraced
RM 830,000
LORONG MESRA PERMAI 8
1,442 sqft · RM 575.00 PSF
Feb 2023
RM 845,000
LRG MESRA PERMAI 8
1,442 sqft · RM 586.00 PSF
Aug 2022
RM 875,000
LORONG MESRA PERMAI 6
1,442 sqft · RM 607.00 PSF
Feb 2022
1,550 sqft
1 units Double Storey Terraced
RM 930,000
LORONG MESRA PERMAI 10
1,550 sqft · RM 600.00 PSF
Oct 2023
1,650 sqft
1 units Double Storey Terraced
RM 795,000
LORONG MESRA PERMAI 14
1,636 sqft · RM 486.00 PSF
Jun 2022
1,950 sqft
1 units Double Storey Terraced
RM 1,080,000
LORONG MESRA PERMAI 12
1,948 sqft · RM 554.00 PSF
Apr 2023