Taman Sri Nibong
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2026 | |||||
|
Level G
|
RM 435,000
|
RM 481
|
904 sqft
|
|
Flat |
| 2024 | |||||
|
Level G
|
RM 455,000
|
RM 503
|
904 sqft
|
|
Flat |
|
Level 1
|
RM 435,000
|
RM 481
|
904 sqft
|
|
Flat |
|
Level 2
|
RM 390,000
|
RM 431
|
904 sqft
|
|
Flat |
| 2022 | |||||
|
Level 1
|
RM 430,000
|
RM 476
|
904 sqft
|
|
Flat |
|
Level 1
|
RM 445,000
|
RM 492
|
904 sqft
|
|
Flat |
|
Level 2
|
RM 422,000
|
RM 467
|
904 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 435,000
RM 481 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 435K and a median price per square foot (PSF) of RM 481.
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 435K, with most transactions falling within a stable range of RM 416K to RM 454K, and a typical market range of RM 390K to RM 455K.
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 481, with most transactions between RM 460 and RM 502. The usual range is RM 371.75 to RM 590.25, showing that most units are priced quite close to each other. With an IQR of RM 218.50 and MAD of RM 21, 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.