TAMAN SRI NIBONG FASA 4B

TAMAN SRI NIBONG FASA 4B in Barat Daya, Penang recorded 1 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 481.

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 450K, with most transactions falling within a stable range of RM 410K to RM 490K, and a typical market range of RM 416K to RM 484K.

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

The median PSF stands at RM 481, with core pricing between RM 408 and RM 555. Market pricing typically extends from RM 422.50 to RM 539.50, 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.