TAMAN SRI NIBONG

Area Intelligence
2025
Median Price
RM 1,070,000
PSF: RM 822

Residential PSF Trends

Median Price

RM 1,070,000

PSF: RM 822

TAMAN SRI NIBONG in Barat Daya, Penang recorded 1 subsale transactions in 2025, with a median price of RM 1.07 million and a median price per square foot (PSF) of RM 822.

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 1.07 million, with most transactions falling within a stable range of RM 720K to RM 1.42 million, and a typical market range of RM 783K to RM 1.36 million.

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

The median PSF stands at RM 822, with core pricing between RM 700 and RM 944. Market pricing typically extends from RM 713.50 to RM 930.50, reflecting moderate variation in unit pricing. With an IQR of RM 217.00 and MAD of RM 122, 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. 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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