Area Intelligence

TMN MESRA

6 properties
2023
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Median Price
RM 75,500
PSF: RM 136

Residential Market

Median Price

RM 75,500

IQR: RM 21
MAD: RM 12
RM 136 PSF 9.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN 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.

Area Location

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TMN MESRA, Seberang Perai Utara, Penang

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Transactions

6 properties grouped by size

550 sqft
1 units Low-Cost Flat
RM 75,000
538 sqft · RM 139.00 PSF
Feb 2023
600 sqft
5 units Low-Cost Flat
RM 76,000
576 sqft · RM 132.00 PSF
Nov 2023
RM 68,000
576 sqft · RM 118.00 PSF
Sep 2023
RM 75,000
576 sqft · RM 130.00 PSF
Apr 2023
RM 85,000
576 sqft · RM 148.00 PSF
Mar 2023
RM 82,000
576 sqft · RM 142.00 PSF
Feb 2023