Area Intelligence

TMN SRI NIBONG

6 properties
Single Storey Terraced
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Median Price
RM 315,000
PSF: RM 178

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 6 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 315K and a median price per square foot (PSF) of RM 178.

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 315K, with most transactions falling within a stable range of RM 232K to RM 398K, and a typical market range of RM 265K to RM 366K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 178, with core pricing between RM 143 and RM 213. Market pricing typically extends from RM 152.75 to RM 203.25, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 35 (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

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Transactions

6 properties grouped by size

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
3,400 sqft
1 units Single Storey Terraced
RM 432,000
LINTANG MERBOK
3,380 sqft · RM 128.00 PSF
Apr 2022