Penang
Barat Daya
12
TAMAN SRI NIBONG

TAMAN SRI NIBONG

Area Intelligence

Median Price

RM 410,000

PSF: RM 431

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Residential PSF Trends

Median Price

RM 410,000

PSF: RM 431

TAMAN SRI NIBONG in Barat Daya, Penang recorded 21 subsale transactions between 2021 and 2025, with a median price of RM 410K and a median price per square foot (PSF) of RM 431.

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 410K, with most transactions falling within a stable range of RM 357K to RM 300K, and a typical market range of RM 160K to RM 300K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 431, with most transactions between RM 393 and RM 469. The usual range is RM 322.50 to RM 539.50, showing that most units are priced quite close to each other. With an IQR of RM 217.00 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN SRI NIBONG, Barat Daya, Penang

OSM

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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 180,000

Level 4

549 sqft • RM 328.00 PSF

Apr 2024

RM 175,000

Level 2

549 sqft • RM 319.00 PSF

Nov 2023

RM 270,000

Level 4

947 sqft • RM 285.00 PSF

Apr 2023

RM 160,000

Level 4

549 sqft • RM 291.00 PSF

Apr 2023

RM 250,000

Level 1

624 sqft • RM 400.00 PSF

Feb 2023

RM 300,000

Level 3

936 sqft • RM 320.00 PSF

Oct 2022

Road	Price	Land PSF	Land	Date	Type
Level 4	RM 180,000	RM 328.00	549 sqft	Apr 2024	Low-Cost Flat
Level 2	RM 175,000	RM 319.00	549 sqft	Nov 2023	Low-Cost Flat
Level 4	RM 270,000	RM 285.00	947 sqft	Apr 2023	Flat
Level 4	RM 160,000	RM 291.00	549 sqft	Apr 2023	Low-Cost Flat
Level 1	RM 250,000	RM 400.00	624 sqft	Feb 2023	Low-Cost Flat
Level 3	RM 300,000	RM 320.00	936 sqft	Oct 2022	Flat