Penang
Seberang Perai Selatan
11
TAMAN SRI NIBONG

TAMAN SRI NIBONG

Area Intelligence

Median Price

RM 315,000

PSF: RM 191

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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 189

Commercial PSF Trends

Median Price

RM 445,000

RM 318 PSF

TAMAN SRI NIBONG in Seberang Perai Selatan, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 315K and a median price per square foot (PSF) of RM 191.

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 315K, with most transactions falling within a stable range of RM 229K to RM 401K, and a typical market range of RM 265K to RM 366K.

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

Price per square foot shows a median of RM 191, though individual units vary from RM 128 to RM 254 in the core range. The broader market spans RM 165.75 to RM 216.25, indicating diverse property characteristics. A wider spread (IQR: RM 50.50) and deviation (MAD: RM 63) indicate significant PSF variations, likely due to diverse property types or conditions.

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

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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RM 445,000

JALAN OOI KAR SENG

1,400 sqft • RM 318.00 PSF

Jan 2025

RM 350,000

TINGKAT MERBOK

1,733 sqft • RM 202.00 PSF

Oct 2024

RM 280,000

SOLOK MERBUK

1,480 sqft • RM 189.00 PSF

Jan 2024

RM 340,000

LORONG MERBUK

1,765 sqft • RM 193.00 PSF

Sep 2023

RM 160,000

LORONG MERBUK

1,485 sqft • RM 108.00 PSF

Dec 2022

RM 290,000

TINGKAT MERBOK

1,733 sqft • RM 167.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
JALAN OOI KAR SENG	RM 445,000	RM 318.00	1,400 sqft	Jan 2025	Double Storey Shop
TINGKAT MERBOK	RM 350,000	RM 202.00	1,733 sqft	Oct 2024	Single Storey Terraced
SOLOK MERBUK	RM 280,000	RM 189.00	1,480 sqft	Jan 2024	Single Storey Terraced
LORONG MERBUK	RM 340,000	RM 193.00	1,765 sqft	Sep 2023	Single Storey Terraced
LORONG MERBUK	RM 160,000	RM 108.00	1,485 sqft	Dec 2022	Single Storey Terraced
TINGKAT MERBOK	RM 290,000	RM 167.00	1,733 sqft	Mar 2022	Single Storey Terraced