Penang
Barat Daya
6
TAMAN NYAMAN INDAH

TAMAN NYAMAN INDAH

Area Intelligence

2023

Median Price

RM 860,000

PSF: RM 307

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Residential PSF Trends

Median Price

RM 860,000

PSF: RM 307

TAMAN NYAMAN INDAH in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 860K and a median price per square foot (PSF) of RM 307.

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 860K, with most transactions falling within a stable range of RM 820K to RM 900K, and a typical market range of RM 820K to RM 900K.

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

For price per square foot, the median is RM 307, with most transactions between RM 298 and RM 316. The usual range is RM 246.63 to RM 367.38, showing that most units are priced quite close to each other. With an IQR of RM 120.75 and MAD of RM 9, 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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