BandingHouse

Taman Mesra

Seberang Perai Utara, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Taman Mesra have sold for a median of

RM75,000

RM130 psf on the recorded floor area

RM68,000median RM75,000RM80,000

Half of the 21 recorded sales fell between RM68,000 and RM80,000. One in ten went under RM63,000, one in ten over RM88,000. Sales run from 20 January 2021 to 5 April 2024.

Up 13% from a RM67,000 median in 2021 to RM75,500 in 2023.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM67,000RM116 psf7
2022RM70,000RM122 psf5
2023RM75,500RM136 psf6
2024RM88,000RM153 psf3

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Seberang Perai Utara with enough recorded sales, cheapest first. By median sold price, Taman Mesra sits 3 of 29 in that set.

20 dearer schemes below

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Taman Mesra’s own median is RM75,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM75,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM7,500
  • Transfer duty (MOT): RM750
  • Loan duty (0.5%): RM338
  • Total cash: RM8,588
  • Qualifying first home: RM7,500 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM299
  • Total monthly: RM299

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Taman Mesra sold for?
A median of RM75,000 (RM130 psf), from 21 land-office transactions between 20 January 2021 and 5 April 2024.
What is a typical band here?
Half of recorded sales fell between RM68,000 and RM80,000. One in ten went under RM63,000; one in ten over RM88,000.
Has the median moved?
From RM67,000 in 2021 to RM75,500 in 2023 (+13%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.