Penang, Seberang Perai Utara, Butterworth

TAMAN SUNGAI NYIOR

Area Intelligence

2022

Median Price

RM 790,000

PSF: RM 310

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TAMAN SUNGAI NYIOR in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 790K and a median price per square foot (PSF) of RM 310.

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 790K, with most transactions falling within a stable range of RM 729K to RM 852K, and a typical market range of RM 720K to RM 860K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 310, with core pricing between RM 274 and RM 345. Market pricing typically extends from RM 262.45 to RM 356.70, reflecting moderate variation in unit pricing. With an IQR of RM 94.25 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN SUNGAI NYIOR, Seberang Perai Utara, Penang

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