Taman Sri Nibong

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM180,000
Level 4
549 sqft · RM328 PSF
RM175,000
Level 2
549 sqft · RM319 PSF
RM160,000
Level 4
549 sqft · RM291 PSF
600 sqft
LC Flat
RM250,000
Level 1
624 sqft · RM400 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM177,500

RM323 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 4 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM178K and a median price per square foot (PSF) of RM323.

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 RM178K, with most transactions falling within a stable range of RM160K to RM212K, and a typical market range of RM160K to RM250K.

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

The median PSF stands at RM323, with core pricing between RM283 and RM364. Market pricing typically extends from RM214.09 to RM432.59, reflecting moderate variation in unit pricing. With an IQR of RM218.50 and MAD of RM40, 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.