TAMAN NUSANTARA

TAMAN NUSANTARA in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 100K and a median price per square foot (PSF) of RM 155.

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 100K, with most transactions falling within a stable range of RM 95K to RM 105K, and a typical market range of RM 90K to RM 105K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 155, with most transactions between RM 147 and RM 163. The usual range is RM 132.25 to RM 177.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.50 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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.