Taman Nirwana
Lorong Nirwana 15, Taman Nirwana, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Lorong Nirwana 15, Taman Nirwana, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lorong Nirwana 8
|
RM 490,000
|
RM 389
|
1,259 sqft
|
|
2-Sty Terrace |
|
Lorong Nirwanan 14
|
RM 473,000
|
RM 376
|
1,259 sqft
|
|
2-Sty Terrace |
|
Lorong Nirwana 12
|
RM 370,000
|
RM 337
|
1,098 sqft
|
|
Terrace |
|
Lorong Nirwana 8
|
RM 535,000
|
RM 425
|
1,259 sqft
|
|
2-Sty Terrace |
|
Lorong Nirwana 7
|
RM 460,000
|
RM 203
|
2,262 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 473,000
RM 376 psfMedian transaction price
Lorong Nirwana 15, Taman Nirwana, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Nirwana in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 473K and a median price per square foot (PSF) of RM 376.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 473K, with most transactions falling within a stable range of RM 419K to RM 527K, and a typical market range of RM 421K to RM 526K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 376, though individual units vary from RM 299 to RM 452 in the core range. The broader market spans RM 329.58 to RM 421.58, indicating diverse property characteristics. The spread of RM 92.00 (IQR) and deviation of RM 77 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.