TAMAN NURI

TAMAN NURI in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 160.

This area contains both residential and commercial properties. View 5 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 188K to RM 412K, and a typical market range of RM 235K to RM 365K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 160, though individual units vary from RM 92 to RM 227 in the core range. The broader market spans RM 117.50 to RM 201.50, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 67) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.