TAMAN NAGASARI in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 275.
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 245K, with most transactions falling within a stable range of RM 107K to RM 383K, and a typical market range of RM 109K to RM 381K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 275, though individual units vary from RM 203 to RM 347 in the core range. The broader market spans RM 197.50 to RM 351.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.
