Penang
Barat Daya
6
TAMAN NYAMAN INDAH

TAMAN NYAMAN INDAH

Area Intelligence

2023

Median Price

RM 820,000

PSF: RM 414

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Residential PSF Trends

Median Price

RM 820,000

PSF: RM 414

TAMAN NYAMAN INDAH in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM 820K and a median price per square foot (PSF) of RM 414.

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 820K, with most transactions falling within a stable range of RM 759K to RM 882K, and a typical market range of RM 763K to RM 877K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 414, with core pricing between RM 335 and RM 494. Market pricing typically extends from RM 353.63 to RM 474.38, reflecting moderate variation in unit pricing. The spread of RM 120.75 (IQR) and deviation of RM 80 (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.

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TAMAN NYAMAN INDAH, Barat Daya, Penang

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