TAMAN NURI

Area Intelligence
2022
Median Price
RM 330,000
PSF: RM 136

Residential PSF Trends

Median Price

RM 425,000

PSF: RM 163

Commercial PSF Trends

Median Price

RM 235,000

RM 109 PSF

TAMAN NURI in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 136.

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 330K, with most transactions falling within a stable range of RM 235K to RM 425K, and a typical market range of RM 265K to RM 395K.

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

The median PSF stands at RM 136, with core pricing between RM 109 and RM 163. Market pricing typically extends from RM 94.00 to RM 178.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.

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

OSM

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Transactions

2 transactions grouped by size

2,150 sqft
Double Storey Shop
RM 235,000
JALAN NURI 2
2,164 sqft · RM 109 PSF
2,600 sqft
Single Storey Semi-D
RM 425,000
JALAN NURI 4
2,605 sqft · RM 163 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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