TAMAN SRI NIBONG FASA 4B

TAMAN SRI NIBONG FASA 4B in Barat Daya, Penang recorded 5 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 420K and a median price per square foot (PSF) of RM 375.

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 420K, with most transactions falling within a stable range of RM 319K to RM 521K, and a typical market range of RM 386K to RM 454K.

Within the Office Lot category, office lot dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 375, though individual units vary from RM 243 to RM 507 in the core range. The broader market spans RM 316.50 to RM 433.50, indicating diverse property characteristics. A wider spread (IQR: RM 117.00) and deviation (MAD: RM 132) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.