Penang
Barat Daya
12
TAMAN SRI NIBONG

TAMAN SRI NIBONG

Area Intelligence

2023

Median Price

RM 750,000

PSF: RM 518

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Residential PSF Trends

Median Price

RM 750,000

PSF: RM 518

TAMAN SRI NIBONG in Barat Daya, Penang recorded 23 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 518.

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 750K, with most transactions falling within a stable range of RM 619K to RM 500K, and a typical market range of RM 463K to RM 500K.

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

The median PSF stands at RM 518, with core pricing between RM 429 and RM 607. Market pricing typically extends from RM 409.50 to RM 626.50, reflecting moderate variation in unit pricing. The spread of RM 217.00 (IQR) and deviation of RM 89 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN SRI NIBONG, Barat Daya, Penang

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Transactions

7 transactions grouped by size

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)

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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)

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

RM 985,000

LTG BUKIT KECIL 3

1,399 sqft · RM 704 PSF

Oct 2023

RM 750,000

TINGKAT BUKIT KECIL 4

1,399 sqft · RM 536 PSF

Aug 2023

RM 920,000

PERSIARAN BUKIT KECIL 5

1,399 sqft · RM 657 PSF

Jul 2023

RM 980,000

PERSIARAN BUKIT KECIL 2

1,399 sqft · RM 700 PSF

Jun 2023

RM 780,000

PERSIARAN BUKIT KECIL 2

1,399 sqft · RM 557 PSF

Feb 2023

LTG BUKIT KECIL 3	RM 985,000	RM 704	1,399 sqft	Oct 2023	Double Storey Terraced
TINGKAT BUKIT KECIL 4	RM 750,000	RM 536	1,399 sqft	Aug 2023	Double Storey Terraced
PERSIARAN BUKIT KECIL 5	RM 920,000	RM 657	1,399 sqft	Jul 2023	Double Storey Terraced
PERSIARAN BUKIT KECIL 2	RM 980,000	RM 700	1,399 sqft	Jun 2023	Double Storey Terraced
PERSIARAN BUKIT KECIL 2	RM 780,000	RM 557	1,399 sqft	Feb 2023	Single Storey Terraced