TAMAN NURI

Area Intelligence

2022

Median Price

RM 292,500

PSF: RM 160

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Residential PSF Trends

Median Price

RM 365,000

PSF: RM 250

Commercial PSF Trends

Median Price

RM 220,000

RM 157 PSF

TAMAN NURI in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2022, with a median price of RM 293K and a median price per square foot (PSF) of RM 160.

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 293K, with most transactions falling within a stable range of RM 220K to RM 373K, and a typical market range of RM 228K to RM 358K.

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 160, though individual units vary from RM 106 to RM 214 in the core range. The broader market spans RM 118.00 to RM 202.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 54) 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. 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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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

RM 365,000

JALAN NURI 1

1,399 sqft · RM 261 PSF

Jun 2022

RM 350,000

JALAN. NURI 1

1,399 sqft · RM 250 PSF

May 2022

RM 220,000

LORONG NURI 3

1,399 sqft · RM 157 PSF

Jan 2022

RM 220,000

LORONG NURI 3

1,399 sqft · RM 157 PSF

Jan 2022

JALAN NURI 1	RM 365,000	RM 261	1,399 sqft	Jun 2022	Single Storey Terraced
JALAN. NURI 1	RM 350,000	RM 250	1,399 sqft	May 2022	Single Storey Terraced
LORONG NURI 3	RM 220,000	RM 157	1,399 sqft	Jan 2022	Double Storey Shop
LORONG NURI 3	RM 220,000	RM 157	1,399 sqft	Jan 2022	Double Storey Shop