TAMAN SRI NIBONG

TAMAN SRI NIBONG in Barat Daya, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 955K and a median price per square foot (PSF) of RM 682.

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 955K, with most transactions falling within a stable range of RM 848K to RM 1.06 million, and a typical market range of RM 750K to RM 1.20 million.

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

The median PSF stands at RM 682, with core pricing between RM 606 and RM 758. Market pricing typically extends from RM 573.25 to RM 790.75, reflecting moderate variation in unit pricing. With an IQR of RM 217.50 and MAD of RM 76, the PSF demonstrates reasonable consistency across the market.

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.