TAMAN SRI NIBONG

TAMAN SRI NIBONG in Barat Daya, Penang recorded 60 subsale transactions between 2021 and 2025, with a median price of RM 815K and a median price per square foot (PSF) of RM 529.

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 815K, with most transactions falling within a stable range of RM 480K to RM 1.15 million, and a typical market range of RM 534K to RM 1.10 million.

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

Price per square foot shows a median of RM 529, though individual units vary from RM 416 to RM 642 in the core range. The broader market spans RM 419.75 to RM 637.25, indicating diverse property characteristics. The spread of RM 217.50 (IQR) and deviation of RM 113 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.