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 850K to RM 1.09 million, and a typical market range of RM 850K to RM 1.14 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 442 and RM 638. 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 98 (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. 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

9 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 950,000
LEBUH BKT. KECIL 5
1,281 sqft · RM 742 PSF
RM 1,100,000
LEBUH BUKIT KECIL 5
1,302 sqft · RM 845 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
2,550 sqft
Double Storey Terraced
RM 1,580,000
LEBUH BUKIT KECIL 2
2,530 sqft · RM 625 PSF
2,850 sqft
Double Storey Terraced
RM 1,400,000
PERSIARAN BUKIT KECIL 3
2,842 sqft · RM 493 PSF

No Properties For Sale

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

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