Residential Market
Median Price
RM 815,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
29 properties
Median Price
RM 980,000
+7.1% CAGR
Median PSF
RM 668.00
+0.7% CAGR
Flat
15 properties
Median Price
RM 411,000
+2.9% CAGR
Median PSF
RM 447.00
+0.2% CAGR
Condo/Apartment
9 properties
Median Price
RM 497,500
-14.1% CAGR
Median PSF
RM 472.00
-2.8% CAGR
Single Storey Terraced
8 properties
Median Price
RM 361,000
-6.6% CAGR
Median PSF
RM 195.50
+15.1% CAGR
Single Storey Semi-D
4 properties
Median Price
RM 379,500
-7.5% CAGR
Median PSF
RM 158.25
-7.2% CAGR
Low-Cost Flat
4 properties
Median Price
RM 177,500
+2.9% CAGR
Median PSF
RM 323.50
+2.8% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 3,000,000
Median PSF
RM 735.00
Double Storey Shop
1 properties
Median Price
RM 445,000
Median PSF
RM 318.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 29 |
RM 980,000
±25K MAD
|
+7.14% |
RM 668.00
±4 MAD
|
+0.69% | |
| Flat | 15 |
RM 411,000
±21K MAD
|
+2.88% |
RM 447.00
±2 MAD
|
+0.22% | |
| Condo/Apartment | 9 |
RM 497,500
±28K MAD
|
-14.14% |
RM 472.00
±26 MAD
|
-2.79% | |
| Single Storey Terraced | 8 |
RM 361,000
±46K MAD
|
-6.59% |
RM 195.50
±48 MAD
|
+15.13% | |
| Single Storey Semi-D | 4 |
RM 379,500
±30K MAD
|
-7.49% |
RM 158.25
±12 MAD
|
-7.17% | |
| Low-Cost Flat | 4 |
RM 177,500
±3K MAD
|
+2.86% |
RM 323.50
±5 MAD
|
+2.82% | |
| Double Storey Semi-D | 1 |
RM 3,000,000
|
- |
RM 735.00
|
- | |
| Double Storey Shop | 1 |
RM 445,000
|
- |
RM 318.00
|
- |
TAMAN SRI NIBONG in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 815K and a median price per square foot (PSF) of RM 529.
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 815K, with most transactions falling within a stable range of RM 480K to RM 1.15 million, and a typical market range of RM 534K to RM 1.10 million.
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 529, though individual units vary from RM 416 to RM 642 in the core range. The broader market spans RM 419.75 to RM 637.25, indicating diverse property characteristics. The spread of RM 217.50 (IQR) and deviation of RM 113 (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. 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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Clear FiltersAuction Properties
1 auction properties in TAMAN SRI NIBONG
| Type | Address | Reserve Price | PSF | Land Area | Auction Date |
|---|---|---|---|---|---|
| Apartment |
NO. G-4-1, MELATI APARTMENT, LEBUH BUKIT KECIL 3,...
|
RM 400,000
|
RM 404.04
|
990 sqft
|
13 Oct 2025
|