Taman Sri Nibong

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

17 subsales grouped by size

Median
RM 850,000
PSF
RM 562
Price Size
900 sqft
Flat
RM 430,000
Level 1
904 sqft · RM 476 PSF
RM 445,000
Level 1
904 sqft · RM 492 PSF
RM 422,000
Level 2
904 sqft · RM 467 PSF
950 sqft
Flat
RM 300,000
Level 3
936 sqft · RM 320 PSF
RM 330,000
Level 4
947 sqft · RM 348 PSF
RM 400,000
Level 3
936 sqft · RM 427 PSF
1,050 sqft
Condo
RM 575,000
Level G
1,066 sqft · RM 540 PSF
1,300 sqft
2-Sty Terrace
RM 918,000
Persiaran Bukit Kecil 3
1,313 sqft · RM 699 PSF
1,350 sqft
2-Sty Terrace
RM 1,400,000
Persiaran Bukit Kecil 3
1,345 sqft · RM 1,041 PSF
1,400 sqft
Terrace
RM 850,000
Persiaran Bukit Kecil 1
1,399 sqft · RM 607 PSF
1,450 sqft
2-Sty Terrace
RM 930,000
Persiaran Bukit Kecil 5
1,475 sqft · RM 631 PSF
1,550 sqft
2-Sty Terrace
RM 900,000
Tingkat Bukit Kecil 2
1,528 sqft · RM 589 PSF
RM 1,580,000
Lebuh Bukit Kecil 2
1,528 sqft · RM 1,034 PSF
1,700 sqft
2-Sty Terrace
RM 950,000
Lebuh Bkt. Kecil 5
1,690 sqft · RM 562 PSF
RM 1,100,000
Lebuh Bukit Kecil 5
1,690 sqft · RM 651 PSF
1,750 sqft
Condo
RM 700,000
Level 12
1,733 sqft · RM 404 PSF
1,800 sqft
2-Sty Terrace
RM 1,000,000
Jalan Bukit Kecil 2
1,776 sqft · RM 563 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 850,000

RM 562 psf

Median transaction price

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Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Taman Sri Nibong in Barat Daya, Penang recorded 17 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 562.

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 850K, with most transactions falling within a stable range of RM 486K to RM 1.21 million, and a typical market range of RM 561K to RM 1.14 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 562, though individual units vary from RM 367 to RM 758 in the core range. The broader market spans RM 452.90 to RM 671.40, indicating diverse property characteristics. A wider spread (IQR: RM 218.50) and deviation (MAD: RM 195) indicate significant PSF variations, likely due to diverse property types or conditions.

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.