TAMAN SRI NIBONG

Area Intelligence
2022
Median Price
RM 411,000
PSF: RM 447

Residential PSF Trends

Median Price

RM 411,000

PSF: RM 447

TAMAN SRI NIBONG in Barat Daya, Penang recorded 6 subsale transactions in 2022, with a median price of RM 411K and a median price per square foot (PSF) of RM 447.

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 411K, with most transactions falling within a stable range of RM 357K to RM 445K, and a typical market range of RM 300K to RM 445K.

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

The median PSF stands at RM 447, with core pricing between RM 382 and RM 513. Market pricing typically extends from RM 338.50 to RM 555.50, reflecting moderate variation in unit pricing. With an IQR of RM 217.00 and MAD of RM 66, 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.

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TAMAN SRI NIBONG, Barat Daya, Penang

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Transactions

6 transactions grouped by size

900 sqft
Flat
RM 430,000
Level 1
904 sqft · RM 476 PSF
RM 445,000
Level 1
904 sqft · RM 492 PSF
RM 422,000
Level 2
904 sqft · RM 467 PSF
950 sqft
Flat
RM 300,000
Level 3
936 sqft · RM 320 PSF
RM 400,000
Level 3
936 sqft · RM 427 PSF
RM 330,000
Level 4
947 sqft · RM 348 PSF

No Properties For Sale

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

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