Taman Sri Nibong

14300 Nibong Tebal, Pulau Pinang, Malaysia

Market Snapshot

Residential

RM 315,000

RM 178 psf

Median transaction price

Taman Sri Nibong
© OpenStreetMap · CARTO

Taman Sri Nibong, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Taman Sri Nibong in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2021, with a median price of RM 359K and a median price per square foot (PSF) of RM 177.

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 359K, with most transactions falling within a stable range of RM 288K to RM 430K, and a typical market range of RM 298K to RM 420K.

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

The median PSF stands at RM 177, with core pricing between RM 154 and RM 200. Market pricing typically extends from RM 153.13 to RM 200.88, reflecting moderate variation in unit pricing. With an IQR of RM 47.75 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.