Taman Nuri

14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 292,500
PSF
RM 126
Price Size
Period
transactions middle 50% (P25–P75)
1,400 sqft
Terrace
RM 365,000
Jalan Nuri 1
1,399 sqft · RM 261 PSF
RM 350,000
Jalan. Nuri 1
1,399 sqft · RM 250 PSF
2,600 sqft
Semi-D
RM 425,000
Jalan Nuri 4
2,605 sqft · RM 163 PSF
2,650 sqft
2-Sty Shop
RM 235,000
Jalan Nuri 2
2,659 sqft · RM 88 PSF
RM 220,000
Lorong Nuri 3
2,659 sqft · RM 83 PSF
RM 220,000
Lorong Nuri 3
2,659 sqft · RM 83 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 365,000

RM 250 psf

Median transaction price

RM 220,000

RM 83 psf

Median transaction price

Taman Nuri
© OpenStreetMap · CARTO

Taman Nuri, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

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 126.

This area contains both residential and commercial properties. View 6 residential properties or 11 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 224K to RM 361K.

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 126, though individual units vary from RM 49 to RM 202 in the core range. The broader market spans RM 74.02 to RM 177.52, indicating diverse property characteristics. A wider spread (IQR: RM 103.50) and deviation (MAD: RM 77) 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.