TAMAN NURI

Area Intelligence

2024

Median Price

RM 300,000

PSF: RM 160

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Residential PSF Trends

Median Price

RM 280,500

PSF: RM 160

Commercial PSF Trends

Median Price

RM 300,000

RM 160 PSF

TAMAN NURI in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2024, with a median price of RM 300K 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.

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 160, with most transactions between RM 160 and RM 160. The usual range is RM 117.50 to RM 201.50, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN NURI, Seberang Perai Selatan, Penang

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