Penang
Barat Daya
12
TAMAN SRI NIBONG

TAMAN SRI NIBONG

Area Intelligence

2022

Median Price

RM 850,000

PSF: RM 540

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 850,000

PSF: RM 540

TAMAN SRI NIBONG in Barat Daya, Penang recorded 17 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 540.

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 850K, with most transactions falling within a stable range of RM 796K to RM 445K, and a typical market range of RM 563K to RM 445K.

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

The median PSF stands at RM 540, with core pricing between RM 475 and RM 606. Market pricing typically extends from RM 431.50 to RM 648.50, reflecting moderate variation in unit pricing. With an IQR of RM 217.00 and MAD of RM 66, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

TAMAN SRI NIBONG, Barat Daya, Penang

OSM

Track location

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 300,000

Level 3

936 sqft • RM 320.00 PSF

Oct 2022

RM 430,000

Level 1

904 sqft • RM 476.00 PSF

Jun 2022

RM 400,000

Level 3

936 sqft • RM 427.00 PSF

Jun 2022

RM 330,000

Level 4

947 sqft • RM 348.00 PSF

Jun 2022

RM 445,000

Level 1

904 sqft • RM 492.00 PSF

Apr 2022

RM 422,000

Level 2

904 sqft • RM 467.00 PSF

Apr 2022

Road	Price	Land PSF	Land	Date	Type
Level 3	RM 300,000	RM 320.00	936 sqft	Oct 2022	Flat
Level 1	RM 430,000	RM 476.00	904 sqft	Jun 2022	Flat
Level 3	RM 400,000	RM 427.00	936 sqft	Jun 2022	Flat
Level 4	RM 330,000	RM 348.00	947 sqft	Jun 2022	Flat
Level 1	RM 445,000	RM 492.00	904 sqft	Apr 2022	Flat
Level 2	RM 422,000	RM 467.00	904 sqft	Apr 2022	Flat