TAMAN SRI NIBONG in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2022, with a median price of RM 368K and a median price per square foot (PSF) of RM 153.
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 368K, with most transactions falling within a stable range of RM 308K to RM 428K, and a typical market range of RM 318K to RM 419K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 153, with core pricing between RM 127 and RM 179. Market pricing typically extends from RM 127.75 to RM 178.25, 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.
