Area Intelligence

TMN MESRA JAYA

3 properties
Condo/Apartment
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Median Price
RM 220,000
PSF: RM 240

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 3 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 220K and a median price per square foot (PSF) of RM 240.

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 220K, with most transactions falling within a stable range of RM 201K to RM 239K, and a typical market range of RM 193K to RM 240K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 240, with most transactions between RM 218 and RM 262. The usual range is RM 0.00 to RM 506.00, showing that most units are priced quite close to each other. With an IQR of RM 532.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

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

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Transactions

3 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