Taman Sri Nibong
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM 470,000
|
RM 491
|
958 sqft
|
|
Condo |
|
Level 2
|
RM 420,000
|
RM 448
|
936 sqft
|
|
Flat |
|
Level G
|
RM 495,000
|
RM 517
|
958 sqft
|
|
Condo |
|
Level 1
|
RM 405,000
|
RM 428
|
947 sqft
|
|
Flat |
|
Lintang Bukit Kecil 4
|
RM 820,000
|
RM 586
|
1,399 sqft
|
|
|
Lintang Bukit Kecil 2
|
RM 1,250,000
|
RM 818
|
1,528 sqft
|
|
|
|
Lebuh Bkt Kecil 2
|
RM 1,200,000
|
RM 785
|
1,528 sqft
|
|
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Market Snapshot
ResidentialRM 470,000
RM 491 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 9 subsale transactions between 2021 and 2026, with a median price of RM 470K and a median price per square foot (PSF) of RM 491.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 470K, with most transactions falling within a stable range of RM 165K to RM 826K, and a typical market range of RM 181K to RM 759K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 491, though individual units vary from RM 327 to RM 655 in the core range. The broader market spans RM 381.75 to RM 600.25, indicating diverse property characteristics. A wider spread (IQR: RM 218.50) and deviation (MAD: RM 164) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.