Taman Sri Nibong
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM 435,000
|
RM 481
|
904 sqft
|
|
|
|
Level G
|
RM 455,000
|
RM 503
|
904 sqft
|
|
|
|
Level 1
|
RM 435,000
|
RM 481
|
904 sqft
|
|
|
|
Level 2
|
RM 390,000
|
RM 431
|
904 sqft
|
|
|
|
Level 1
|
RM 430,000
|
RM 476
|
904 sqft
|
|
|
|
Level 1
|
RM 445,000
|
RM 492
|
904 sqft
|
|
|
|
Level 2
|
RM 422,000
|
RM 467
|
904 sqft
|
|
|
Level 2
|
RM 420,000
|
RM 448
|
936 sqft
|
|
|
|
Level 1
|
RM 405,000
|
RM 428
|
947 sqft
|
|
|
|
Level 2
|
RM 410,000
|
RM 428
|
958 sqft
|
|
|
|
Level 4
|
RM 450,000
|
RM 465
|
969 sqft
|
|
|
|
Level 4
|
RM 270,000
|
RM 285
|
947 sqft
|
|
|
|
Level 1
|
RM 485,000
|
RM 518
|
936 sqft
|
|
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Market Snapshot
ResidentialRM 420,000
RM 448 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 19 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 420K and a median price per square foot (PSF) of RM 448.
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 420K, with most transactions falling within a stable range of RM 344K to RM 485K, and a typical market range of RM 165K to RM 485K.
Within the Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 448, with core pricing between RM 374 and RM 522. Market pricing typically extends from RM 338.75 to RM 557.25, reflecting moderate variation in unit pricing. The spread of RM 218.50 (IQR) and deviation of RM 74 (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.