| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM 1,050,000
|
RM 445
|
2,357 sqft
|
|
|
|
Level 10
|
RM 900,000
|
RM 382
|
2,357 sqft
|
|
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Market Snapshot
ResidentialRM 975,000
RM 414 psfMedian transaction price
98 Nibong Residence, Barat Daya, Penang · 11900
Maps98 Nibong Residence in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 2,325 and 2,374 sqft, with a median price of RM 975K 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 975K, with most transactions falling within a stable range of RM 900K to RM 1.05 million, and a typical market range of RM 911K to RM 1.04 million.
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 382 and RM 445. The usual range is RM 376.11 to RM 451.11, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 32, 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.