98 NIBONG RESIDENCE

98 NIBONG RESIDENCE in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 805K and a median price per square foot (PSF) of RM 444.

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 805K, with most transactions falling within a stable range of RM 780K to RM 895K, and a typical market range of RM 780K to RM 865K.

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

The median PSF stands at RM 444, with core pricing between RM 395 and RM 493. Market pricing typically extends from RM 414.00 to RM 474.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 49, 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.