LIST

Penang, Barat Daya, 12

TAMAN SRI NIBONG

Area Intelligence
2023
Median Price
RM 330,000
PSF: RM 400
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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 400

TAMAN SRI NIBONG in Barat Daya, Penang recorded 9 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 400.

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 330K, with most transactions falling within a stable range of RM -20,000 to RM 680K, and a typical market range of RM 43K to RM 618K.

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 400, though individual units vary from RM 278 to RM 522 in the core range. The broader market spans RM 291.50 to RM 508.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI NIBONG, Barat Daya, Penang

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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
550 sqft
Low-Cost Flat
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

No Properties For Sale

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

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