98 Nibong Residence

Penang, Barat Daya, 12

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Market Snapshot

Residential

RM 807,500

RM 438 psf

Median transaction price

Low

Rental Yield Data

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98 Nibong Residence
© OpenStreetMap · CARTO

98 Nibong Residence, Barat Daya, Penang · 11900

Maps

98 Nibong Residence in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 808K and a median price per square foot (PSF) of RM 438.

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 808K, with most transactions falling within a stable range of RM 725K to RM 890K, and a typical market range of RM 744K to RM 871K.

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

For price per square foot, the median is RM 438, with most transactions between RM 398 and RM 477. The usual range is RM 400.00 to RM 475.00, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 40, 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.