TAMAN SRI NIBONG FASA 4B

Area Intelligence
Median Price
RM 530,000
PSF: RM 566

Commercial PSF Trends

Median Price

RM 530,000

RM 566 PSF

TAMAN SRI NIBONG FASA 4B in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 530K and a median price per square foot (PSF) of RM 566.

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 530K, with most transactions falling within a stable range of RM 490K to RM 570K, and a typical market range of RM 496K to RM 564K.

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

The median PSF stands at RM 566, with core pricing between RM 493 and RM 640. Market pricing typically extends from RM 507.50 to RM 624.50, reflecting moderate variation in unit pricing. With an IQR of RM 117.00 and MAD of RM 74, the PSF demonstrates reasonable consistency across the market.

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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