Penang
Barat Daya
6
TAMAN NYAMAN INDAH

TAMAN NYAMAN INDAH

Area Intelligence

2022

Median Price

RM 735,000

PSF: RM 419

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Residential PSF Trends

Median Price

RM 735,000

PSF: RM 419

TAMAN NYAMAN INDAH in Barat Daya, Penang recorded 6 subsale transactions in 2022, with a median price of RM 735K and a median price per square foot (PSF) of RM 419.

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 735K, with most transactions falling within a stable range of RM 700K to RM 740K, and a typical market range of RM 678K to RM 740K.

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

The median PSF stands at RM 419, with core pricing between RM 358 and RM 479. Market pricing typically extends from RM 358.13 to RM 478.88, reflecting moderate variation in unit pricing. With an IQR of RM 120.75 and MAD of RM 61, the PSF demonstrates reasonable consistency across the market.

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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