Area Intelligence

TAMAN SRI NIBONG FASA 4B

6 properties
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Median Price
RM 435,000
PSF: RM 389

Commercial Market

Median Price

RM 435,000

IQR: RM 117
MAD: RM 74
RM 389 PSF 16.3%

PSF Trends (2021-2025)

TAMAN SRI NIBONG FASA 4B in Barat Daya, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 435K and a median price per square foot (PSF) of RM 389.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 435K, with most transactions falling within a stable range of RM 395K to RM 475K, and a typical market range of RM 401K to RM 469K.

Most transactions involved office lot, though some variety exists in the market.

The median PSF stands at RM 389, with core pricing between RM 315 and RM 462. Market pricing typically extends from RM 330.00 to RM 447.00, reflecting moderate variation in unit pricing. The spread of RM 117.00 (IQR) and deviation of RM 74 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SRI NIBONG FASA 4B, Barat Daya, Penang

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Transactions

6 properties grouped by size

950 sqft
2 units
RM 450,000
Shop/Retail Lot
936 sqft · RM 481.00 PSF
Oct 2023
RM 610,000
Office Lot
936 sqft · RM 651.00 PSF
Nov 2022
1,100 sqft
3 units Office Lot
RM 420,000
1,119 sqft · RM 375.00 PSF
Jun 2023
RM 370,000
1,109 sqft · RM 334.00 PSF
Dec 2022
RM 450,000
1,119 sqft · RM 402.00 PSF
Dec 2022
1,150 sqft
1 units Office Lot
RM 308,000
1,173 sqft · RM 263.00 PSF
Sep 2022