Area Intelligence

TAMAN MESRA PERMAI

6 properties
2022
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Median Price
RM 835,500
PSF: RM 597

Residential Market

Median Price

RM 835,500

IQR: RM 47
MAD: RM 27
RM 597 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 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 792K to RM 875K, 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 547 and RM 646. 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 50, 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

6 properties grouped by size

1,350 sqft
3 units Double Storey Terraced
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
2 units Double Storey Terraced
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
1,650 sqft
1 units Double Storey Terraced
RM 795,000
LORONG MESRA PERMAI 14
1,636 sqft · RM 486.00 PSF
Jun 2022