TAMAN SRI NIBONG

Area Intelligence
Service Apartment
Median Price
RM 350,000
PSF: RM 167

Residential PSF Trends

Median Price

RM 315,000

PSF: RM 178

Commercial PSF Trends

Median Price

RM 445,000

RM 318 PSF

TAMAN SRI NIBONG in Seberang Perai Selatan, Penang recorded 0 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, with a median price of RM 350K and a median price per square foot (PSF) of RM 167.

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 350K, with most transactions falling within a stable range of RM 290K to RM 410K, and a typical market range of RM 300K to RM 401K.

Within the Service Apartment category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 167, with core pricing between RM 141 and RM 193. Market pricing typically extends from RM 141.75 to RM 192.25, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 26 (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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