TAMAN SRI NIBONG

TAMAN SRI NIBONG in Barat Daya, Penang recorded 39 subsale transactions between 2021 and 2025, with a median price of RM 980K and a median price per square foot (PSF) of RM 656.

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 980K, with most transactions falling within a stable range of RM 967K to RM 495K, and a typical market range of RM 693K 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 656, with most transactions between RM 652 and RM 660. The usual range is RM 547.50 to RM 764.50, 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.