Penang
Seberang Perai Selatan
11
TAMAN SRI NIBONG

TAMAN SRI NIBONG

Area Intelligence

Median Price

RM 374,000

PSF: RM 159

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Residential PSF Trends

Median Price

RM 374,000

PSF: RM 159

Commercial PSF Trends

Median Price

RM 445,000

RM 318 PSF

TAMAN SRI NIBONG in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 374K and a median price per square foot (PSF) of RM 159.

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 374K, with most transactions falling within a stable range of RM 328K to RM 420K, and a typical market range of RM 324K to RM 425K.

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

The median PSF stands at RM 159, with core pricing between RM 138 and RM 180. Market pricing typically extends from RM 133.75 to RM 184.25, reflecting moderate variation in unit pricing. With an IQR of RM 50.50 and MAD of RM 21, 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.

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TAMAN SRI NIBONG, Seberang Perai Selatan, Penang

OSM

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Transactions

4 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)

Clear

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

Min Size (sqft)

Max Size (sqft)

Clear

RM 380,000

JALAN. SUNGAIDAUN

2,304 sqft • RM 165.00 PSF

May 2024

RM 320,000

LENGKOK MERBUK

2,509 sqft • RM 128.00 PSF

Jan 2024

RM 368,000

LENGKOK MERBUK

2,411 sqft • RM 153.00 PSF

Aug 2022

RM 450,000

PERSIARAN MERBUK

2,400 sqft • RM 187.00 PSF

Aug 2022

Road	Price	Land PSF	Land	Date	Type
JALAN. SUNGAIDAUN	RM 380,000	RM 165.00	2,304 sqft	May 2024	Single Storey Semi-D
LENGKOK MERBUK	RM 320,000	RM 128.00	2,509 sqft	Jan 2024	Single Storey Semi-D
LENGKOK MERBUK	RM 368,000	RM 153.00	2,411 sqft	Aug 2022	Single Storey Semi-D
PERSIARAN MERBUK	RM 450,000	RM 187.00	2,400 sqft	Aug 2022	Single Storey Semi-D