TAMAN NAGASARI

Area Intelligence
2022
Median Price
RM 90,000
PSF: RM 137

Residential PSF Trends

Median Price

RM 90,000

PSF: RM 137

Commercial PSF Trends

Median Price

RM 588,000

RM 228 PSF

TAMAN NAGASARI in Seberang Perai Tengah, Penang recorded 25 subsale transactions in 2022, with a median price of RM 90K and a median price per square foot (PSF) of RM 137.

This area contains both residential and commercial properties. View 71 residential properties or 46 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 90K, with most transactions falling within a stable range of RM -48,000 to RM 228K, and a typical market range of RM -46,375 to RM 226K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 137, though individual units vary from RM 65 to RM 209 in the core range. The broader market spans RM 60.00 to RM 214.00, indicating diverse property characteristics. A wider spread (IQR: RM 154.00) and deviation (MAD: RM 72) 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN NAGASARI, Seberang Perai Tengah, Penang

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