TAMAN SRI NIBONG

Area Intelligence
2024
Median Price
RM 422,500
PSF: RM 440

Residential PSF Trends

Median Price

RM 422,500

PSF: RM 440

TAMAN SRI NIBONG in Barat Daya, Penang recorded 6 subsale transactions in 2024, with a median price of RM 423K and a median price per square foot (PSF) of RM 440.

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 423K, with most transactions falling within a stable range of RM 328K to RM 455K, and a typical market range of RM 180K to RM 455K.

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

The median PSF stands at RM 440, with core pricing between RM 385 and RM 495. Market pricing typically extends from RM 331.50 to RM 548.50, reflecting moderate variation in unit pricing. With an IQR of RM 217.00 and MAD of RM 55, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI NIBONG, Barat Daya, Penang

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Transactions

6 transactions found

RM 440,000
Level 3
980 sqft RM 449.00 PSF
RM 455,000
Level G
904 sqft RM 503.00 PSF
RM 435,000
Level 1
904 sqft RM 481.00 PSF
RM 410,000
Level 2
958 sqft RM 428.00 PSF
RM 390,000
Level 2
904 sqft RM 431.00 PSF
RM 180,000
Level 4
549 sqft RM 328.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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