TAMAN SRI NIBONG

TAMAN SRI NIBONG in Barat Daya, Penang recorded 2 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 815K and a median price per square foot (PSF) of RM 582.

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 780K to RM 850K, and a typical market range of RM 780K to RM 850K.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 582, with most transactions between RM 557 and RM 607. The usual range is RM 473.25 to RM 690.75, showing that most units are priced quite close to each other. With an IQR of RM 217.50 and MAD of RM 25, 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.