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 716K to RM 984K, and a typical market range of RM 575K to RM 1.00 million.

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

The median PSF stands at RM 540, with core pricing between RM 441 and RM 639. Market pricing typically extends from RM 431.50 to RM 648.50, reflecting moderate variation in unit pricing. The spread of RM 217.00 (IQR) and deviation of RM 99 (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

8 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 575,000
Level G
1,066 sqft · RM 540 PSF
1,300 sqft
Double Storey Terraced
RM 950,000
LEBUH BKT. KECIL 5
1,281 sqft · RM 742 PSF
1,400 sqft
RM 918,000
PERSIARAN BUKIT KECIL 3
1,399 sqft · RM 656 PSF
RM 930,000
PERSIARAN BUKIT KECIL 5
1,399 sqft · RM 665 PSF
RM 850,000
PERSIARAN BUKIT KECIL 1
1,399 sqft · RM 607 PSF
1,500 sqft
Double Storey Terraced
RM 1,000,000
JALAN BUKIT KECIL 2
1,485 sqft · RM 673 PSF
1,650 sqft
Double Storey Terraced
RM 900,000
TINGKAT BUKIT KECIL 2
1,658 sqft · RM 543 PSF
1,750 sqft
Condo/Apartment
RM 700,000
Level 12
1,733 sqft · RM 404 PSF

No Properties For Sale

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

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