|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 10
|
RM 750,000
|
RM 414
|
1,812 sqft
|
|
Condo |
|
Level 15
|
RM 785,000
|
RM 458
|
1,714 sqft
|
|
Condo |
|
Level 15
|
RM 880,000
|
RM 359
|
2,454 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 785,000
RM 414 psfMedian transaction price
98 Nibong Residence, Barat Daya, Penang · 11900
Maps98 Nibong Residence in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM 785K and a median price per square foot (PSF) of RM 414.
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 785K, with most transactions falling within a stable range of RM 750K to RM 840K, and a typical market range of RM 750K to RM 849K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 414, with most transactions between RM 373 and RM 455. The usual range is RM 376.41 to RM 451.41, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 41, 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.