Area Intelligence

TAMAN SRI BUNGA (LENGKOK NIPAH)

1 properties
2023
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Median Price
RM 395,000
PSF: RM 422

Residential Market

Median Price

RM 395,000

IQR: RM 9
MAD: RM 6
RM 422 PSF 0.7%

PSF Trends (2021-2025)

TAMAN SRI BUNGA (LENGKOK NIPAH) in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 395K and a median price per square foot (PSF) of RM 422.

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 flats, with minimal variety in property types.

For price per square foot, the median is RM 422, with most transactions between RM 422 and RM 422. The usual range is RM 417.50 to RM 426.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SRI BUNGA (LENGKOK NIPAH), Timur Laut, Penang

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Transactions

1 properties grouped by size

950 sqft
1 units Flat
RM 395,000
936 sqft · RM 422.00 PSF
Mar 2023