TAMAN NURI

Area Intelligence
2024
Median Price
RM 305,000
PSF: RM 215

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 254

Commercial PSF Trends

Median Price

RM 245,000

RM 175 PSF

TAMAN NURI in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2024, with a median price of RM 305K and a median price per square foot (PSF) of RM 215.

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 305K, with most transactions falling within a stable range of RM 243K to RM 367K, and a typical market range of RM 240K to RM 370K.

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 215, though individual units vary from RM 171 to RM 258 in the core range. The broader market spans RM 172.50 to RM 256.50, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 43 (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

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Transactions

4 transactions grouped by size

1,400 sqft
RM 380,000
LORONG NURI 1
1,399 sqft · RM 272 PSF
RM 270,000
LORONG NURI 3
1,399 sqft · RM 193 PSF
RM 220,000
LORONG NURI 3
1,399 sqft · RM 157 PSF
1,450 sqft
Single Storey Terraced
RM 340,000
JALAN NURI 3
1,442 sqft · RM 236 PSF

No Properties For Sale

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

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