TAMAN SUNGAI NYIOR

TAMAN SUNGAI NYIOR in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 501.

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 700K, with most transactions falling within a stable range of RM 650K to RM 750K, and a typical market range of RM 650K to RM 750K.

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

For price per square foot, the median is RM 501, with most transactions between RM 465 and RM 536. The usual range is RM 453.38 to RM 547.63, showing that most units are priced quite close to each other. 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.