Taman Nuri

14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 160,000
PSF
RM 57
Price Size
Period
transactions middle 50% (P25–P75)
RM 150,000
Jalan Nuri 2
2,659 sqft · RM 56 PSF
RM 300,000
Jalan Nuri 2
2,659 sqft · RM 113 PSF
2,850 sqft
2-Sty Shop
RM 160,000
Jalan Nuri 1
2,831 sqft · RM 57 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 357,500

RM 256 psf

Median transaction price

RM 160,000

RM 57 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 3 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 57.

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 160K, with most transactions falling within a stable range of RM 150K to RM 228K, and a typical market range of RM 150K to RM 229K.

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 57, though individual units vary from RM 30 to RM 83 in the core range. The broader market spans RM 4.77 to RM 108.27, indicating diverse property characteristics. A wider spread (IQR: RM 103.50) and deviation (MAD: RM 27) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.