TAMAN SRI NIBONG

Area Intelligence
2024
Median Price
RM 955,000
PSF: RM 533

Residential PSF Trends

Median Price

RM 955,000

PSF: RM 533

TAMAN SRI NIBONG in Barat Daya, Penang recorded 19 subsale transactions in 2024, with a median price of RM 955K and a median price per square foot (PSF) of RM 533.

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 955K, with most transactions falling within a stable range of RM 759K to RM 1.00 million, and a typical market range of RM 668K 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 533, with core pricing between RM 453 and RM 613. Market pricing typically extends from RM 424.50 to RM 641.50, reflecting moderate variation in unit pricing. The spread of RM 217.00 (IQR) and deviation of RM 80 (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

4 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 535,000
Level 9
1,055 sqft · RM 507 PSF
1,400 sqft
Double Storey Terraced
RM 955,000
PERSIARAN BUKIT KECIL 4
1,399 sqft · RM 682 PSF
RM 1,000,000
PERSIARAN BUKIT KECIL 4
1,399 sqft · RM 715 PSF
1,650 sqft
Double Storey Terraced
RM 1,000,000
TINGKAT BUKIT KECIL 2
1,658 sqft · RM 603 PSF

No Properties For Sale

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

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