TAMAN NALURI

TAMAN NALURI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 1.12 million and a median price per square foot (PSF) of RM 325.

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 1.12 million, with most transactions falling within a stable range of RM 690K to RM 1.54 million, and a typical market range of RM 690K to RM 1.54 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 325, with core pricing between RM 273 and RM 377. Market pricing typically extends from RM 267.88 to RM 382.13, reflecting moderate variation in unit pricing. The spread of RM 114.25 (IQR) and deviation of RM 52 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.