TAMAN SRI NIBONG

Area Intelligence
2024
Median Price
RM 1,000,000
PSF: RM 668

Residential PSF Trends

Median Price

RM 1,000,000

PSF: RM 668

TAMAN SRI NIBONG in Barat Daya, Penang recorded 11 subsale transactions in 2024, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 668.

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 1.00 million, with most transactions falling within a stable range of RM 702K to RM 1.30 million, and a typical market range of RM 713K to RM 1.29 million.

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

The median PSF stands at RM 668, with core pricing between RM 548 and RM 788. Market pricing typically extends from RM 559.50 to RM 776.50, reflecting moderate variation in unit pricing. The spread of RM 217.00 (IQR) and deviation of RM 120 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI NIBONG, Barat Daya, Penang

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Transactions

11 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 470,000
Level 8
1,055 sqft · RM 446 PSF
RM 535,000
Level 9
1,055 sqft · RM 507 PSF
RM 465,000
Level 2
1,055 sqft · RM 441 PSF
1,400 sqft
Double Storey Terraced
RM 955,000
PERSIARAN BUKIT KECIL 4
1,399 sqft · RM 682 PSF
RM 1,000,000
PERSIARAN BUKIT KECIL 4
1,399 sqft · RM 715 PSF
1,450 sqft
Double Storey Terraced
RM 1,050,000
LEBUH BUKIT KECIL 4
1,432 sqft · RM 733 PSF
1,500 sqft
Double Storey Terraced
RM 1,230,000
JALAN BUKIT KECIL 1B
1,485 sqft · RM 828 PSF
1,650 sqft
Double Storey Terraced
RM 1,000,000
TINGKAT BUKIT KECIL 2
1,658 sqft · RM 603 PSF
1,750 sqft
Double Storey Terraced
RM 1,150,000
LINTANG BUKIT KECIL 4
1,755 sqft · RM 655 PSF
1,800 sqft
Double Storey Terraced
RM 1,328,000
LINTANG BUKIT KECIL 6
1,798 sqft · RM 739 PSF
RM 1,200,000
TINGKAT BUKIT KECIL 2
1,798 sqft · RM 668 PSF

No Properties For Sale

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

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