TAMAN SRI NIBONG FASA 4B

Area Intelligence
2022
Median Price
RM 410,000
PSF: RM 368

Commercial PSF Trends

Median Price

RM 410,000

RM 368 PSF

TAMAN SRI NIBONG FASA 4B in Barat Daya, Penang recorded 4 subsale transactions in 2022, with a median price of RM 410K and a median price per square foot (PSF) of RM 368.

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 410K, with most transactions falling within a stable range of RM 352K to RM 450K, and a typical market range of RM 376K to RM 444K.

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

The median PSF stands at RM 368, with core pricing between RM 311 and RM 425. Market pricing typically extends from RM 309.50 to RM 426.50, reflecting moderate variation in unit pricing. The spread of RM 117.00 (IQR) and deviation of RM 57 (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.

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TAMAN SRI NIBONG FASA 4B, Barat Daya, Penang

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Transactions

3 transactions found

RM 370,000
Level 3
1,109 sqft RM 334.00 PSF
RM 450,000
Level 2
1,119 sqft RM 402.00 PSF
RM 308,000
Level 3
1,173 sqft RM 263.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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