TAMAN SRI NIBONG

TAMAN SRI NIBONG in Barat Daya, Penang recorded 9 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 500K and a median price per square foot (PSF) of RM 501.

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 500K, with most transactions falling within a stable range of RM 465K to RM 571K, and a typical market range of RM 465K to RM 700K.

Within the Condo/Apartment 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 501, with most transactions between RM 457 and RM 545. The usual range is RM 392.25 to RM 609.75, showing that most units are priced quite close to each other. With an IQR of RM 217.50 and MAD of RM 44, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.