Bandar Nibong Tebal

Nibong Tebal, Penang, Malaysia

Property Transactions

21 subsales grouped by size

Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM85,000
Level 3
549 sqft · RM155 PSF
1,050 sqft
Bungalow
RM84,000
Kampung Pinang
1,041 sqft · RM81 PSF
1,100 sqft
1-Sty Shop
RM410,000
Jalan Besar
1,119 sqft · RM366 PSF
RM360,000
Jalan Besar
1,119 sqft · RM322 PSF
RM340,000
Jalan Besar
1,119 sqft · RM304 PSF
1,400 sqft
2-Sty Shop
RM350,000
Jalan Atas
1,378 sqft · RM254 PSF
1,450 sqft
2-Sty Shop
RM450,000
Jalan Atas
1,453 sqft · RM310 PSF
1,650 sqft
2-Sty Shop
RM412,000
Jalan Atas
1,647 sqft · RM250 PSF
1,800 sqft
Semi-D
RM230,000
Jalan Tonghai
1,776 sqft · RM130 PSF
2,350 sqft
2-Sty Shop
RM230,000
Jalan Atas
2,368 sqft · RM97 PSF
RM230,000
Jalan Atas
2,368 sqft · RM97 PSF
2,450 sqft
2-Sty Shop
RM350,000
Jalan Atas
2,433 sqft · RM144 PSF
2,600 sqft
Bungalow
RM335,000
Jalan Sungai Daun
2,594 sqft · RM129 PSF
2,850 sqft
3-Sty Shop
RM665,000
Jalan Nuri
2,863 sqft · RM232 PSF
RM500,000
Jalan Besar
3,391 sqft · RM147 PSF
RM325,000
Jalan Atas
3,380 sqft · RM96 PSF
3,800 sqft
3-Sty Shop
RM892,000
Jalan Atas
3,800 sqft · RM235 PSF
RM908,000
Jalan Atas
3,800 sqft · RM239 PSF
3,950 sqft
Bungalow
RM150,000
Jalan Sungai Daun
3,961 sqft · RM38 PSF
8,700 sqft
1-Sty Shop
RM852,000
Jalan Baru
8,676 sqft · RM98 PSF
RM852,000
Jalan Baru
8,676 sqft · RM98 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM117,500

RM105 psf

Median transaction price

RM411,000

RM257 psf

Median transaction price

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Nibong Tebal, Penang, Malaysia

Maps

Bandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 21 subsale transactions between 2021 and 2026, with a median price of RM350K and a median price per square foot (PSF) of RM147.

This area contains both residential and commercial properties. View 4 residential properties or 16 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM350K, with most transactions falling within a stable range of RM230K to RM470K, and a typical market range of RM215K to RM485K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM147, though individual units vary from RM79 to RM215 in the core range. The broader market spans RM64.47 to RM230.47, indicating diverse property characteristics. A wider spread (IQR: RM166.00) and deviation (MAD: RM68) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.