TAMAN NALURI

Area Intelligence

2023

Median Price

RM 1,115,000

PSF: RM 325

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Residential PSF Trends

Median Price

RM 1,115,000

PSF: RM 325

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.

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

For price per square foot, the median is RM 325, with most transactions between RM 325 and RM 325. The usual range is RM 267.88 to RM 382.13, showing that most units are priced quite close to each other. With an IQR of RM 114.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN NALURI, Seberang Perai Tengah, Penang

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