Taman Sri Nibong

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Median
RM1,035,000
PSF
RM577
Price Size
Period
transactions middle 50% (P25–P75)
RM1,070,000
Lebuh Bukit Kecil 5
1,808 sqft RM592 PSF
RM1,000,000
Jalan Bukit Kecil 2
1,776 sqft RM563 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,035,000

RM577 psf

Median transaction price

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Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Taman Sri Nibong in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,775 and 1,824 sqft, with a median price of RM1.04 million and a median price per square foot (PSF) of RM577.

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 RM1.04 million, with most transactions falling within a stable range of RM1.00 million to RM1.07 million, and a typical market range of RM1.00 million to RM1.07 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM577, with most transactions between RM563 and RM592. The usual range is RM468.13 to RM686.63, showing that most units are priced quite close to each other. With an IQR of RM218.50 and MAD of RM14, 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.