98 NIBONG RESIDENCE Property Investment Analysis

98 NIBONG RESIDENCE in Barat Daya, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 830K and a median price per square foot (PSF) of RM 430.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 830K, with most transactions falling within a stable range of RM 760K to RM 900K, and a typical market range of RM 770K to RM 890K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 430, with most transactions between RM 402 and RM 458. The usual range is RM 400.00 to RM 460.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

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.