Penang
Barat Daya
12
TAMAN SRI NIBONG

TAMAN SRI NIBONG

Area Intelligence

Median Price

RM 1,500,000

PSF: RM 533

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Residential PSF Trends

Median Price

RM 1,500,000

PSF: RM 533

TAMAN SRI NIBONG in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 533.

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 1.50 million, with most transactions falling within a stable range of RM 1.40 million to RM 2.12 million, and a typical market range of RM 1.40 million to RM 1.79 million.

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

The median PSF stands at RM 533, with core pricing between RM 442 and RM 624. Market pricing typically extends from RM 424.50 to RM 641.50, reflecting moderate variation in unit pricing. The spread of RM 217.00 (IQR) and deviation of RM 91 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN SRI NIBONG, Barat Daya, Penang

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Transactions

5 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 3,000,000

LEBUH BUKIT KECIL 2

4,080 sqft • RM 735.00 PSF

Jun 2024

RM 1,400,000

PERSIARAN BUKIT KECIL 4

2,626 sqft • RM 533.00 PSF

Mar 2024

RM 1,500,000

TINGKAT BUKIT KECIL 2

2,982 sqft • RM 503.00 PSF

May 2023

RM 1,580,000

LEBUH BUKIT KECIL 2

2,530 sqft • RM 625.00 PSF

Mar 2022

RM 1,400,000

PERSIARAN BUKIT KECIL 3

2,842 sqft • RM 493.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
LEBUH BUKIT KECIL 2	RM 3,000,000	RM 735.00	4,080 sqft	Jun 2024	Double Storey Semi-D
PERSIARAN BUKIT KECIL 4	RM 1,400,000	RM 533.00	2,626 sqft	Mar 2024	Double Storey Terraced
TINGKAT BUKIT KECIL 2	RM 1,500,000	RM 503.00	2,982 sqft	May 2023	Double Storey Terraced
LEBUH BUKIT KECIL 2	RM 1,580,000	RM 625.00	2,530 sqft	Mar 2022	Double Storey Terraced
PERSIARAN BUKIT KECIL 3	RM 1,400,000	RM 493.00	2,842 sqft	Mar 2022	Double Storey Terraced