TAMAN SRI NIBONG FASA 4B

TAMAN SRI NIBONG FASA 4B in Barat Daya, Penang recorded 1 subsale transactions in 2022, with a median price of RM 610K and a median price per square foot (PSF) of RM 651.

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 610K, with most transactions falling within a stable range of RM 570K to RM 650K, and a typical market range of RM 576K to RM 644K.

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

The median PSF stands at RM 651, with core pricing between RM 578 and RM 725. Market pricing typically extends from RM 592.50 to RM 709.50, 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.