Taman Sri Nibong
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
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 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
|
|
|
Persiaran Bukit Kecil 4
|
RM 955,000
|
RM 672
|
1,421 sqft
|
|
|
|
Persiaran Bukit Kecil 4
|
RM 1,000,000
|
RM 704
|
1,421 sqft
|
|
|
|
Lintang Bukit Kecil 4
|
RM 1,150,000
|
RM 828
|
1,389 sqft
|
|
|
Lebuh Bukit Kecil 4
|
RM 1,050,000
|
RM 733
|
1,432 sqft
|
|
|
Lintang Bukit Kecil 6
|
RM 1,328,000
|
RM 869
|
1,528 sqft
|
|
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Market Snapshot
ResidentialRM 955,000
RM 654 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 19 subsale transactions in 2024, with a median price of RM 955K and a median price per square foot (PSF) of RM 654.
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 955K, with most transactions falling within a stable range of RM 335K to RM 1.57 million, and a typical market range of RM 666K to RM 1.24 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 654, though individual units vary from RM 481 to RM 827 in the core range. The broader market spans RM 544.99 to RM 763.49, indicating diverse property characteristics. A wider spread (IQR: RM 218.50) and deviation (MAD: RM 173) 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.