LIST

Penang, Barat Daya, 12

TAMAN SRI NIBONG

Area Intelligence
2024
Median Price
RM 422,500
PSF: RM 440
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Residential PSF Trends

Median Price

RM 422,500

PSF: RM 440

TAMAN SRI NIBONG in Barat Daya, Penang recorded 6 subsale transactions in 2024, with a median price of RM 423K and a median price per square foot (PSF) of RM 440.

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 423K, with most transactions falling within a stable range of RM 328K to RM 455K, and a typical market range of RM 180K to RM 455K.

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

The median PSF stands at RM 440, with core pricing between RM 385 and RM 495. Market pricing typically extends from RM 331.50 to RM 548.50, reflecting moderate variation in unit pricing. With an IQR of RM 217.00 and MAD of RM 55, 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. 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

6 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 180,000
Level 4
549 sqft · RM 328 PSF
900 sqft
Flat
RM 455,000
Level G
904 sqft · RM 503 PSF
RM 435,000
Level 1
904 sqft · RM 481 PSF
RM 390,000
Level 2
904 sqft · RM 431 PSF
950 sqft
Flat
RM 410,000
Level 2
958 sqft · RM 428 PSF
1,000 sqft
Flat
RM 440,000
Level 3
980 sqft · RM 449 PSF

No Properties For Sale

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

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