TAMAN SRI NIBONG

Area Intelligence
2022
Median Price
RM 368,000
PSF: RM 153

Residential PSF Trends

Median Price

RM 368,000

PSF: RM 153

Commercial PSF Trends

Median Price

RM 445,000

RM 318 PSF

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 262K to RM 450K, 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 125 and RM 181. 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 28 (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.

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TAMAN SRI NIBONG, Seberang Perai Selatan, Penang

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Transactions

5 transactions grouped by size

1,500 sqft
Single Storey Terraced
RM 160,000
LORONG MERBUK
1,485 sqft · RM 108 PSF
1,750 sqft
Single Storey Terraced
RM 290,000
TINGKAT MERBOK
1,733 sqft · RM 167 PSF
2,400 sqft
Single Storey Semi-D
RM 368,000
LENGKOK MERBUK
2,411 sqft · RM 153 PSF
RM 450,000
PERSIARAN MERBUK
2,400 sqft · RM 187 PSF
3,400 sqft
Single Storey Terraced
RM 432,000
LINTANG MERBOK
3,380 sqft · RM 128 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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