TAMAN NIBONG INDAH (TAMAN SUNGAI DAUN)

TAMAN NIBONG INDAH (TAMAN SUNGAI DAUN) in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 548K and a median price per square foot (PSF) of RM 306.

This area contains both residential and commercial properties. View 2 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 548K, with most transactions falling within a stable range of RM 450K to RM 645K, and a typical market range of RM 486K to RM 609K.

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

For price per square foot, the median is RM 306, with most transactions between RM 284 and RM 327. The usual range is RM 259.50 to RM 351.50, showing that most units are priced quite close to each other. With an IQR of RM 92.00 and MAD of RM 22, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.