Taman Sri Nibong
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Tingkat Bukit Kecil 4
|
RM 750,000
|
RM 571
|
1,313 sqft
|
|
2-Sty Terrace |
|
Persiaran Bukit Kecil 2
|
RM 1,050,000
|
RM 800
|
1,313 sqft
|
|
2-Sty Terrace |
|
Persiaran Bukit Kecil 2
|
RM 980,000
|
RM 746
|
1,313 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Persiaran Bukit Kecil 3
|
RM 918,000
|
RM 699
|
1,313 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 949,000
RM 723 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM 949K and a median price per square foot (PSF) of RM 723.
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 949K, with most transactions falling within a stable range of RM 838K to RM 1.05 million, and a typical market range of RM 750K to RM 1.05 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 723, with core pricing between RM 638 and RM 807. Market pricing typically extends from RM 613.41 to RM 831.91, reflecting moderate variation in unit pricing. With an IQR of RM 218.50 and MAD of RM 85, 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.