Area Intelligence

TMN SRI NIBONG

4 properties
2024
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Median Price
RM 335,000
PSF: RM 177

Residential Market

Median Price

RM 335,000

IQR: RM 54
MAD: RM 20
RM 177 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 4 subsale transactions in 2024, with a median price of RM 335K and a median price per square foot (PSF) of RM 177.

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 335K, with most transactions falling within a stable range of RM 298K to RM 372K, and a typical market range of RM 285K to RM 380K.

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

The median PSF stands at RM 177, with core pricing between RM 149 and RM 205. Market pricing typically extends from RM 151.75 to RM 202.25, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 28 (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

4 properties grouped by size

1,500 sqft
1 units Single Storey Terraced
RM 280,000
SOLOK MERBUK
1,480 sqft · RM 189.00 PSF
Jan 2024
1,750 sqft
1 units Single Storey Terraced
RM 350,000
TINGKAT MERBOK
1,733 sqft · RM 202.00 PSF
Oct 2024
2,300 sqft
1 units Single Storey Semi-D
RM 380,000
JLN. SG.DAUN
2,304 sqft · RM 165.00 PSF
May 2024
2,500 sqft
1 units Single Storey Semi-D
RM 320,000
LENGKOK MERBUK
2,509 sqft · RM 128.00 PSF
Jan 2024