TAMAN SRI NIBONG

Area Intelligence
2024
Median Price
RM 335,000
PSF: RM 177

Residential PSF Trends

Median Price

RM 335,000

PSF: RM 177

Commercial PSF Trends

Median Price

RM 445,000

RM 318 PSF

TAMAN SRI NIBONG in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2024, with a median price of RM 335K and a median price per square foot (PSF) of RM 177.

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 335K, with most transactions falling within a stable range of RM 275K to RM 395K, and a typical market range of RM 285K to RM 386K.

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

The median PSF stands at RM 177, with core pricing between RM 151 and RM 203. Market pricing typically extends from RM 151.75 to RM 202.25, 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.

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TAMAN SRI NIBONG, Seberang Perai Selatan, Penang

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