Taman Sri Nibong
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM532,500
RM488 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM533K and a median price per square foot (PSF) of RM488.
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 RM533K, with most transactions falling within a stable range of RM495K to RM570K, and a typical market range of RM495K to RM570K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM488, with most transactions between RM451 and RM524. The usual range is RM378.33 to RM596.83, showing that most units are priced quite close to each other. With an IQR of RM218.50 and MAD of RM37, 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.