TAMAN SRI NIBONG

TAMAN SRI NIBONG in Barat Daya, Penang recorded 29 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 668.

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 1.00 million, with most transactions falling within a stable range of RM 803K to RM 1.20 million, and a typical market range of RM 750K to RM 1.28 million.

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

The median PSF stands at RM 668, with core pricing between RM 570 and RM 766. Market pricing typically extends from RM 559.25 to RM 776.75, reflecting moderate variation in unit pricing. With an IQR of RM 217.50 and MAD of RM 98, 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. Moderate transaction volume may require patience when buying or selling.