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
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
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Market Snapshot
ResidentialRM1,050,000
RM733 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM1.05 million and a median price per square foot (PSF) of RM733.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM733, with most transactions between RM733 and RM733. The usual range is RM624.20 to RM842.70, showing that most units are priced quite close to each other. With an IQR of RM218.50 and MAD of RM0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.