Penang
Barat Daya
12
TAMAN SUNGAI NIBONG

TAMAN SUNGAI NIBONG

Area Intelligence

2025

Median Price

RM 1,100,000

PSF: RM 846

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Residential PSF Trends

Median Price

RM 1,100,000

PSF: RM 846

TAMAN SUNGAI NIBONG in Barat Daya, Penang recorded 1 subsale transactions in 2025, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 846.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 846, with most transactions between RM 846 and RM 846. The usual range is RM 804.50 to RM 887.50, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SUNGAI NIBONG, Barat Daya, Penang

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