Taman Sri Nibong

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

19 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
Flat
RM165,000
Level 4
624 sqft · RM264 PSF
900 sqft
Flat
RM435,000
Level G
904 sqft · RM481 PSF
RM455,000
Level G
904 sqft · RM503 PSF
RM435,000
Level 1
904 sqft · RM481 PSF
RM390,000
Level 2
904 sqft · RM431 PSF
RM430,000
Level 1
904 sqft · RM476 PSF
RM445,000
Level 1
904 sqft · RM492 PSF
RM422,000
Level 2
904 sqft · RM467 PSF
950 sqft
Flat
RM420,000
Level 2
936 sqft · RM448 PSF
RM405,000
Level 1
947 sqft · RM428 PSF
RM410,000
Level 2
958 sqft · RM428 PSF
RM450,000
Level 4
969 sqft · RM465 PSF
RM270,000
Level 4
947 sqft · RM285 PSF
RM485,000
Level 1
936 sqft · RM518 PSF
+3 more
1,000 sqft
Flat
RM440,000
Level 3
980 sqft · RM449 PSF
RM330,000
Level 4
990 sqft · RM333 PSF
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Market Snapshot

Residential

RM420,000

RM448 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 19 Flat properties subsale transactions between 2021 and 2026, with a median price of RM420K and a median price per square foot (PSF) of RM448.

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 RM420K, with most transactions falling within a stable range of RM344K to RM485K, and a typical market range of RM165K to RM485K.

Within the Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM448, with core pricing between RM374 and RM522. Market pricing typically extends from RM338.75 to RM557.25, reflecting moderate variation in unit pricing. The spread of RM218.50 (IQR) and deviation of RM74 (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.