TAMAN NURI

Area Intelligence

2023

Median Price

RM 160,000

PSF: RM 96

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 250

Commercial PSF Trends

Median Price

RM 160,000

RM 96 PSF

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.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 96, with most transactions between RM 96 and RM 96. The usual range is RM 54.00 to RM 138.00, showing that most units are priced quite close to each other. With an IQR of RM 84.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN NURI, Seberang Perai Selatan, Penang

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