TAMAN SRI NIBONG

Area Intelligence
Median Price
RM 950,000
PSF: RM 665

Residential PSF Trends

Median Price

RM 950,000

PSF: RM 665

TAMAN SRI NIBONG in Barat Daya, Penang recorded 35 subsale transactions between 2021 and 2025, with a median price of RM 950K and a median price per square foot (PSF) of RM 665.

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 950K, with most transactions falling within a stable range of RM 937K to RM 495K, and a typical market range of RM 663K to RM 495K.

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

For price per square foot, the median is RM 665, with most transactions between RM 661 and RM 669. The usual range is RM 556.50 to RM 773.50, showing that most units are priced quite close to each other. With an IQR of RM 217.00 and MAD of RM 4, 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. 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

5 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 535,000
Level 9
1,055 sqft · RM 507 PSF
RM 575,000
Level G
1,066 sqft · RM 540 PSF
1,100 sqft
Condo/Apartment
RM 570,000
Level 5
1,087 sqft · RM 524 PSF
1,400 sqft
Double Storey Terraced
RM 750,000
TINGKAT BUKIT KECIL 4
1,399 sqft · RM 536 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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