Taman Sri Nibong
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
| LIST.MY · Taman Sri Nibong | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 8
|
RM470,000
|
RM446
|
1,055 sqft
|
|
Condo |
|
Level 9
|
RM535,000
|
RM507
|
1,055 sqft
|
|
Condo |
|
Level 2
|
RM465,000
|
RM441
|
1,055 sqft
|
|
Condo |
| 2022 | |||||
|
Level G
|
RM575,000
|
RM540
|
1,066 sqft
|
|
Condo |
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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM502,500
RM476 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,025 and 1,074 sqft, with a median price of RM503K and a median price per square foot (PSF) of RM476.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM503K, with most transactions falling within a stable range of RM465K to RM549K, and a typical market range of RM465K to RM575K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM476, with most transactions between RM435 and RM518. The usual range is RM367.12 to RM585.62, showing that most units are priced quite close to each other. With an IQR of RM218.50 and MAD of RM42, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.