TAMAN SRI NIBONG

Area Intelligence
2023
Median Price
RM 960,000
PSF: RM 614

Residential PSF Trends

Median Price

RM 960,000

PSF: RM 614

TAMAN SRI NIBONG in Barat Daya, Penang recorded 14 subsale transactions in 2023, with a median price of RM 960K and a median price per square foot (PSF) of RM 614.

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 960K, with most transactions falling within a stable range of RM 714K to RM 1.21 million, and a typical market range of RM 673K to RM 1.25 million.

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

The median PSF stands at RM 614, with core pricing between RM 500 and RM 728. Market pricing typically extends from RM 505.50 to RM 722.50, reflecting moderate variation in unit pricing. The spread of RM 217.00 (IQR) and deviation of RM 114 (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

14 transactions grouped by size

1,100 sqft
Condo/Apartment
RM 570,000
Level 5
1,087 sqft · RM 524 PSF
RM 495,000
Level 6
1,098 sqft · RM 451 PSF
1,400 sqft
RM 1,200,000
LINTANG BUKIT KECIL 1
1,399 sqft · RM 858 PSF
RM 985,000
LTG BUKIT KECIL 3
1,399 sqft · RM 704 PSF
RM 750,000
TINGKAT BUKIT KECIL 4
1,399 sqft · RM 536 PSF
RM 1,050,000
PERSIARAN BUKIT KECIL 2
1,399 sqft · RM 750 PSF
RM 920,000
PERSIARAN BUKIT KECIL 5
1,399 sqft · RM 657 PSF
RM 980,000
PERSIARAN BUKIT KECIL 2
1,399 sqft · RM 700 PSF
RM 1,020,000
TGKT BKT KECIL 2
1,399 sqft · RM 729 PSF
RM 780,000
PERSIARAN BUKIT KECIL 2
1,399 sqft · RM 557 PSF
1,650 sqft
Double Storey Terraced
RM 940,000
TINGKAT BUKIT KECIL 2
1,647 sqft · RM 571 PSF
1,700 sqft
Double Storey Terraced
RM 1,150,000
TINGKAT BUKIT KECIL 2
1,722 sqft · RM 668 PSF
1,800 sqft
Double Storey Terraced
RM 888,000
LINTANG BUKIT KECIL 4
1,798 sqft · RM 494 PSF
3,000 sqft
Double Storey Terraced
RM 1,500,000
TINGKAT BUKIT KECIL 2
2,982 sqft · RM 503 PSF

No Properties For Sale

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

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