Area Intelligence

TMN MESRA JAYA

6 properties
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Median Price
RM 365,000
PSF: RM 344

Residential Market

Median Price

RM 220,000

IQR: RM 27
MAD: RM 25
RM 240 PSF 8.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,255,000

IQR: RM 379
MAD: RM 282
RM 897 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MESRA JAYA in Seberang Perai Utara, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 365K and a median price per square foot (PSF) of RM 344.

This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 365K, with most transactions falling within a stable range of RM 207K to RM 524K, and a typical market range of RM 193K to RM 784K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

Price per square foot shows a median of RM 344, though individual units vary from RM 226 to RM 462 in the core range. The broader market spans RM 77.50 to RM 609.50, indicating diverse property characteristics. A wider spread (IQR: RM 532.00) and deviation (MAD: RM 118) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MESRA JAYA, Seberang Perai Utara, Penang

OSM

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Transactions

6 properties grouped by size

900 sqft
3 units Condo/Apartment
RM 193,000
915 sqft · RM 211.00 PSF
Sep 2024
RM 220,000
915 sqft · RM 240.00 PSF
Sep 2022
RM 240,000
904 sqft · RM 265.00 PSF
Jul 2022
1,150 sqft
1 units Shop/Retail Lot
RM 490,000
1,163 sqft · RM 422.00 PSF
Mar 2024
1,400 sqft
2 units 3-Storey Storey Shop
RM 1,650,000
JALAN BAGAN LALANG
1,399 sqft · RM 1,179.00 PSF
Aug 2024
RM 1,255,000
JLN BAGAN LALLANG
1,399 sqft · RM 897.00 PSF
Aug 2024