TAMAN SRI NIBONG

Area Intelligence
2022
Median Price
RM 850,000
PSF: RM 540

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 486K to RM 1.21 million, and a typical market range of RM 563K to RM 1.14 million.

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

Price per square foot shows a median of RM 540, though individual units vary from RM 402 to RM 678 in the core range. The broader market spans RM 431.50 to RM 648.50, indicating diverse property characteristics. A wider spread (IQR: RM 217.00) and deviation (MAD: RM 138) indicate significant PSF variations, likely due to diverse property types or conditions.

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

17 transactions found

RM 300,000
Level 3
936 sqft RM 320.00 PSF
RM 575,000
Level G
1,066 sqft RM 540.00 PSF
RM 918,000
PERSIARAN BUKIT KECIL 3
1,399 sqft RM 656.00 PSF
RM 950,000
LEBUH BKT. KECIL 5
1,281 sqft RM 742.00 PSF
RM 900,000
TINGKAT BUKIT KECIL 2
1,658 sqft RM 543.00 PSF
RM 330,000
Level 4
947 sqft RM 348.00 PSF
RM 400,000
Level 3
936 sqft RM 427.00 PSF
RM 430,000
Level 1
904 sqft RM 476.00 PSF
RM 1,100,000
LEBUH BUKIT KECIL 5
1,302 sqft RM 845.00 PSF
RM 930,000
PERSIARAN BUKIT KECIL 5
1,399 sqft RM 665.00 PSF
RM 445,000
Level 1
904 sqft RM 492.00 PSF
RM 422,000
Level 2
904 sqft RM 467.00 PSF
RM 1,400,000
PERSIARAN BUKIT KECIL 3
2,842 sqft RM 493.00 PSF
RM 1,580,000
LEBUH BUKIT KECIL 2
2,530 sqft RM 625.00 PSF
RM 1,000,000
JALAN BUKIT KECIL 2
1,485 sqft RM 673.00 PSF
RM 850,000
PERSIARAN BUKIT KECIL 1
1,399 sqft RM 607.00 PSF
RM 700,000
Level 12
1,733 sqft RM 404.00 PSF

No Properties For Sale

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

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