TAMAN NURI

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.