TAMAN SRI NIBONG in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 193.
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 340K, with most transactions falling within a stable range of RM 280K to RM 400K, and a typical market range of RM 290K to RM 391K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 193, with core pricing between RM 167 and RM 219. Market pricing typically extends from RM 167.75 to RM 218.25, reflecting moderate variation in unit pricing. With an IQR of RM 50.50 and MAD of RM 26, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
