Taman Sri Nibong
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM 470,000
|
RM 491
|
958 sqft
|
|
|
|
Level G
|
RM 495,000
|
RM 517
|
958 sqft
|
|
|
|
Level 1
|
RM 500,000
|
RM 516
|
969 sqft
|
|
|
|
Level 3
|
RM 480,000
|
RM 501
|
958 sqft
|
|
|
Level 8
|
RM 470,000
|
RM 446
|
1,055 sqft
|
|
|
|
Level 9
|
RM 535,000
|
RM 507
|
1,055 sqft
|
|
|
|
Level 2
|
RM 465,000
|
RM 441
|
1,055 sqft
|
|
|
|
Level G
|
RM 575,000
|
RM 540
|
1,066 sqft
|
|
|
Level 5
|
RM 570,000
|
RM 524
|
1,087 sqft
|
|
|
|
Level 6
|
RM 495,000
|
RM 451
|
1,098 sqft
|
|
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Market Snapshot
ResidentialRM 495,000
RM 501 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 11 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM 495K and a median price per square foot (PSF) of RM 501.
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 495K, with most transactions falling within a stable range of RM 465K to RM 562K, and a typical market range of RM 465K to RM 700K.
Within the Condo/Apartment category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 501, with most transactions between RM 460 and RM 542. The usual range is RM 391.80 to RM 610.30, showing that most units are priced quite close to each other. With an IQR of RM 218.50 and MAD of RM 41, 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.