LIST

Penang, Seberang Perai Selatan, 11

TAMAN SRI NIBONG

Area Intelligence
2022
Median Price
RM 225,000
PSF: RM 138
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Residential PSF Trends

Median Price

RM 225,000

PSF: RM 138

Commercial PSF Trends

Median Price

RM 445,000

RM 318 PSF

TAMAN SRI NIBONG in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 225K and a median price per square foot (PSF) of RM 138.

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 225K, with most transactions falling within a stable range of RM 160K to RM 290K, and a typical market range of RM 175K to RM 276K.

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 138, though individual units vary from RM 108 to RM 167 in the core range. The broader market spans RM 112.25 to RM 162.75, indicating diverse property characteristics. The spread of RM 50.50 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. 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

2 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
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

No Properties For Sale

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

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