TAMAN SRI NIBONG

Area Intelligence
Median Price
RM 380,000
PSF: RM 153

Residential PSF Trends

Median Price

RM 380,000

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 between 2021 and 2025, with a median price of RM 380K 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 380K, with most transactions falling within a stable range of RM 333K to RM 427K, and a typical market range of RM 330K to RM 431K.

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 130 and RM 176. Market pricing typically extends from RM 127.75 to RM 178.25, reflecting moderate variation in unit pricing. With an IQR of RM 50.50 and MAD of RM 23, 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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