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 found

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