TMN MESRA JAYA
Residential Market
Median Price
RM 193,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 1,255,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
3 properties
Median Price
RM 211,500
-8.4% CAGR
Median PSF
RM 231.75
-8.6% CAGR
3-Storey Storey Shop
2 properties
Median Price
RM 1,452,500
Median PSF
RM 1,038.00
Shop/Retail Lot
1 properties
Median Price
RM 490,000
Median PSF
RM 422.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Condo/Apartment | 3 |
RM 211,500
±19K MAD
|
-8.40% |
RM 231.75
±21 MAD
|
-8.59% | |
3-Storey Storey Shop | 2 |
RM 1,452,500
|
- |
RM 1,038.00
|
- | |
Shop/Retail Lot | 1 |
RM 490,000
|
- |
RM 422.00
|
- |
TMN MESRA JAYA in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM 873K and a median price per square foot (PSF) of RM 660.
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 873K, with most transactions falling within a stable range of RM 290K to RM 1.45 million, and a typical market range of RM 453K to RM 1.29 million.
Most transactions involved condominium/apartment, with moderate diversity in property types available.
Price per square foot shows a median of RM 660, though individual units vary from RM 278 to RM 1,041 in the core range. The broader market spans RM 393.50 to RM 925.50, indicating diverse property characteristics. A wider spread (IQR: RM 532.00) and deviation (MAD: RM 382) 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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 193,000
|
RM 211.00
|
915 sqft
|
Sep 2024
|
RM 490,000
|
RM 422.00
|
1,163 sqft
|
Mar 2024
|
JALAN BAGAN LALANG
|
RM 1,650,000
|
RM 1,179.00
|
1,399 sqft
|
Aug 2024
|
|
JLN BAGAN LALLANG
|
RM 1,255,000
|
RM 897.00
|
1,399 sqft
|
Aug 2024
|