TAMAN SUNGAI NIBONG

Area Intelligence
Median Price
RM 1,525,000
PSF: RM 623

Residential PSF Trends

Median Price

RM 1,525,000

PSF: RM 623

TAMAN SUNGAI NIBONG in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 1.53 million and a median price per square foot (PSF) of RM 623.

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 1.53 million, with most transactions falling within a stable range of RM 1.30 million to RM 1.75 million, and a typical market range of RM 1.42 million to RM 1.64 million.

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

The median PSF stands at RM 623, with core pricing between RM 515 and RM 731. Market pricing typically extends from RM 581.50 to RM 664.50, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 108 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

5 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 1,100,000
PERSIARAN PANTAI JERJAK 9
1,300 sqft · RM 846 PSF
2,700 sqft
Double Storey Semi-D
RM 1,750,000
JALAN PANTAI AZIZ IBRAHIM
2,723 sqft · RM 643 PSF
RM 1,480,000
JALAN PANTAI AZIZ IBRAHIM
2,723 sqft · RM 543 PSF
RM 1,525,000
JALAN PANTAI AZIZ IBRAHIM
2,723 sqft · RM 560 PSF
2,750 sqft
Double Storey Semi-D
RM 1,700,000
JALAN PANTAI AZIZ IBRAHIM
2,730 sqft · RM 623 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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