Taman Seri Emas
Nibong Tebal, Pulau Pinang, Malaysia
Nibong Tebal, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lorong Seri Emas 2
|
RM 380,000
|
RM 159
|
2,390 sqft
|
|
Semi-D |
|
Level 1
|
RM 85,000
|
RM 129
|
657 sqft
|
|
Flat |
|
Level G
|
RM 150,000
|
RM 228
|
657 sqft
|
|
Flat |
|
Jalan Seri Emas 10
|
RM 280,000
|
RM 202
|
1,389 sqft
|
|
Terrace |
|
Jalan Seri Emas 1
|
RM 300,000
|
RM 97
|
3,089 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 280,000
RM 159 psfMedian transaction price
Taman Seri Emas, Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Seri Emas in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 159.
This area contains both residential and commercial properties. View 24 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 173K to RM 380K, and a typical market range of RM 205K to RM 355K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 159, though individual units vary from RM 112 to RM 206 in the core range. The broader market spans RM 121.27 to RM 196.77, indicating diverse property characteristics. A wider spread (IQR: RM 75.50) and deviation (MAD: RM 47) 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.