Taman Sri Nibong
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Tingkat Bukit Kecil 2
|
RM935,000
|
RM684
|
1,367 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM935,000
RM684 psfMedian transaction price
Taman Sri Nibong, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Nibong in Barat Daya, Penang recorded 1 subsale transactions in 2021, with a median price of RM935K and a median price per square foot (PSF) of RM684.
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 RM684, with most transactions between RM684 and RM684. The usual range is RM574.72 to RM793.22, 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.