TAMAN SRI NIBONG FASA 4B

TAMAN SRI NIBONG FASA 4B in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 435K and a median price per square foot (PSF) of RM 428.

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 435K, with most transactions falling within a stable range of RM 420K to RM 450K, and a typical market range of RM 420K to RM 450K.

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

The median PSF stands at RM 428, with core pricing between RM 375 and RM 481. Market pricing typically extends from RM 369.50 to RM 486.50, reflecting moderate variation in unit pricing. With an IQR of RM 117.00 and MAD of RM 53, 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.