Taman Sri Nibong
14300 Nibong Tebal, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Merbuk
|
RM 160,000
|
RM 108
|
1,485 sqft
|
|
|
Tingkat Merbok
|
RM 290,000
|
RM 167
|
1,733 sqft
|
|
|
Lengkok Merbuk
|
RM 368,000
|
RM 153
|
2,411 sqft
|
|
|
|
Persiaran Merbuk
|
RM 450,000
|
RM 187
|
2,400 sqft
|
|
|
Lintang Merbok
|
RM 432,000
|
RM 128
|
3,380 sqft
|
|
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Market Snapshot
ResidentialRM 368,000
RM 153 psfMedian transaction price
Taman Sri Nibong, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2022, with a median price of RM 368K 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 368K, with most transactions falling within a stable range of RM 262K to RM 450K, and a typical market range of RM 307K to RM 429K.
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 124 and RM 181. Market pricing typically extends from RM 128.76 to RM 176.51, reflecting moderate variation in unit pricing. The spread of RM 47.75 (IQR) and deviation of RM 28 (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.