Area Intelligence

TMN SRI NIBONG

11 properties
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Median Price
RM 350,000
PSF: RM 167

Residential Market

Median Price

RM 315,000

IQR: RM 54
MAD: RM 20
RM 178 PSF 23.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 445,000

RM 318 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SRI NIBONG in Seberang Perai Selatan, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 167.

This area contains both residential and commercial properties. View 6 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 290K to RM 410K, and a typical market range of RM 300K to RM 401K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 167, with core pricing between RM 141 and RM 193. Market pricing typically extends from RM 141.75 to RM 192.25, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SRI NIBONG, Seberang Perai Selatan, Penang

OSM

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Transactions

11 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 445,000
JLN OOI KAR SENG
1,400 sqft · RM 318.00 PSF
Jan 2025
1,500 sqft
2 units Single Storey Terraced
RM 280,000
SOLOK MERBUK
1,480 sqft · RM 189.00 PSF
Jan 2024
RM 160,000
LORONG MERBUK
1,485 sqft · RM 108.00 PSF
Dec 2022
1,750 sqft
3 units Single Storey Terraced
RM 350,000
TINGKAT MERBOK
1,733 sqft · RM 202.00 PSF
Oct 2024
RM 340,000
LORONG MERBUK
1,765 sqft · RM 193.00 PSF
Sep 2023
RM 290,000
TINGKAT MERBOK
1,733 sqft · RM 167.00 PSF
Mar 2022
2,300 sqft
1 units Single Storey Semi-D
RM 380,000
JLN. SG.DAUN
2,304 sqft · RM 165.00 PSF
May 2024
2,400 sqft
2 units Single Storey Semi-D
RM 368,000
LENGKOK MERBUK
2,411 sqft · RM 153.00 PSF
Aug 2022
RM 450,000
PERSIARAN MERBUK
2,400 sqft · RM 187.00 PSF
Aug 2022
2,500 sqft
1 units Single Storey Semi-D
RM 320,000
LENGKOK MERBUK
2,509 sqft · RM 128.00 PSF
Jan 2024
3,400 sqft
1 units Single Storey Terraced
RM 432,000
LINTANG MERBOK
3,380 sqft · RM 128.00 PSF
Apr 2022