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
ResidentialRM765,000
RM521 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM765K and a median price per square foot (PSF) of RM521.
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 RM765K, with most transactions falling within a stable range of RM453K to RM1.08 million, and a typical market range of RM476K to RM1.05 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM521, with core pricing between RM422 and RM620. Market pricing typically extends from RM411.75 to RM630.25, reflecting moderate variation in unit pricing. The spread of RM218.50 (IQR) and deviation of RM99 (MAD) suggest moderate price variations reflecting different property features.
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.