Penang
Seberang Perai Selatan
11
TAMAN SRI NIBONG

TAMAN SRI NIBONG

Area Intelligence

2023

Median Price

RM 340,000

PSF: RM 193

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 193

Commercial PSF Trends

Median Price

RM 445,000

RM 318 PSF

TAMAN SRI NIBONG in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 193.

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.

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

For price per square foot, the median is RM 193, with most transactions between RM 193 and RM 193. The usual range is RM 167.75 to RM 218.25, showing that most units are priced quite close to each other. With an IQR of RM 50.50 and MAD of RM 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI NIBONG, Seberang Perai Selatan, Penang

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