Area Intelligence

TMN MESRA

3 properties
2024
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Median Price
RM 88,000
PSF: RM 153

Residential Market

Median Price

RM 88,000

IQR: RM 21
MAD: RM 12
RM 153 PSF 9.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MESRA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 88K and a median price per square foot (PSF) of RM 153.

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 88K, with most transactions falling within a stable range of RM 80K to RM 104K, and a typical market range of RM 82K to RM 94K.

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

The median PSF stands at RM 153, with core pricing between RM 125 and RM 181. Market pricing typically extends from RM 142.50 to RM 163.50, reflecting moderate variation in unit pricing. The spread of RM 21.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

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

3 properties grouped by size

600 sqft
3 units Low-Cost Flat
RM 88,000
576 sqft · RM 153.00 PSF
Apr 2024
RM 80,000
576 sqft · RM 139.00 PSF
Mar 2024
RM 118,000
576 sqft · RM 205.00 PSF
Feb 2024