TAMAN SRI NIBONG FASA 4B

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 308K to RM 523K, and a typical market range of RM 376K to RM 444K.

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

Price per square foot shows a median of RM 368, though individual units vary from RM 222 to RM 514 in the core range. The broader market spans RM 309.50 to RM 426.50, indicating diverse property characteristics. A wider spread (IQR: RM 117.00) and deviation (MAD: RM 146) 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.