TAMAN SRI NIBONG

Area Intelligence
Median Price
RM 350,000
PSF: RM 167

Residential PSF Trends

Median Price

RM 315,000

PSF: RM 178

Commercial PSF Trends

Median Price

RM 445,000

RM 318 PSF

TAMAN SRI NIBONG in Seberang Perai Selatan, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 167.

This area contains both residential and commercial properties. View 6 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 290K to RM 410K, and a typical market range of RM 300K to RM 401K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 167, with core pricing between RM 141 and RM 193. Market pricing typically extends from RM 141.75 to RM 192.25, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 26 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI NIBONG, Seberang Perai Selatan, Penang

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Transactions

11 transactions grouped by size

1,400 sqft
Double Storey Shop
RM 445,000
JALAN OOI KAR SENG
1,400 sqft · RM 318 PSF
1,500 sqft
Single Storey Terraced
RM 280,000
SOLOK MERBUK
1,480 sqft · RM 189 PSF
RM 160,000
LORONG MERBUK
1,485 sqft · RM 108 PSF
1,750 sqft
Single Storey Terraced
RM 350,000
TINGKAT MERBOK
1,733 sqft · RM 202 PSF
RM 340,000
LORONG MERBUK
1,765 sqft · RM 193 PSF
RM 290,000
TINGKAT MERBOK
1,733 sqft · RM 167 PSF
2,300 sqft
Single Storey Semi-D
RM 380,000
JALAN. SUNGAIDAUN
2,304 sqft · RM 165 PSF
2,400 sqft
Single Storey Semi-D
RM 368,000
LENGKOK MERBUK
2,411 sqft · RM 153 PSF
RM 450,000
PERSIARAN MERBUK
2,400 sqft · RM 187 PSF
2,500 sqft
Single Storey Semi-D
RM 320,000
LENGKOK MERBUK
2,509 sqft · RM 128 PSF
3,400 sqft
Single Storey Terraced
RM 432,000
LINTANG MERBOK
3,380 sqft · RM 128 PSF

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

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