TAMAN NURI in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 96.
This area contains both residential and commercial properties. View 5 residential properties or 10 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 160K, with most transactions falling within a stable range of RM 90K to RM 230K, and a typical market range of RM 95K to RM 225K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 96, though individual units vary from RM 48 to RM 144 in the core range. The broader market spans RM 54.00 to RM 138.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 48) 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.
