TAMAN SRI NIBONG

Area Intelligence
Median Price
RM 410,000
PSF: RM 431

Residential PSF Trends

Median Price

RM 410,000

PSF: RM 431

TAMAN SRI NIBONG in Barat Daya, Penang recorded 21 subsale transactions between 2021 and 2025, with a median price of RM 410K and a median price per square foot (PSF) of RM 431.

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 410K, with most transactions falling within a stable range of RM 60K to RM 760K, and a typical market range of RM 123K to RM 698K.

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

Price per square foot shows a median of RM 431, though individual units vary from RM 309 to RM 553 in the core range. The broader market spans RM 322.50 to RM 539.50, indicating diverse property characteristics. A wider spread (IQR: RM 217.00) and deviation (MAD: RM 122) indicate significant PSF variations, likely due to diverse property types or conditions.

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

6 transactions grouped by size

550 sqft
Low-Cost Flat
RM 180,000
Level 4
549 sqft · RM 328 PSF
RM 175,000
Level 2
549 sqft · RM 319 PSF
RM 160,000
Level 4
549 sqft · RM 291 PSF
600 sqft
Low-Cost Flat
RM 250,000
Level 1
624 sqft · RM 400 PSF
950 sqft
Flat
RM 270,000
Level 4
947 sqft · RM 285 PSF
RM 300,000
Level 3
936 sqft · RM 320 PSF

No Properties For Sale

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

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