Bandar Nibong Tebal

Nibong Tebal, Penang, Malaysia

Property Transactions

21 subsales grouped by size

550 sqft
LC Flat
RM 85,000
Level 3
549 sqft · RM 155 PSF
1,050 sqft
Bungalow
RM 84,000
Kampung Pinang
1,041 sqft · RM 81 PSF
1,100 sqft
1-Sty Shop
RM 410,000
Jalan Besar
1,119 sqft · RM 366 PSF
RM 360,000
Jalan Besar
1,119 sqft · RM 322 PSF
RM 340,000
Jalan Besar
1,119 sqft · RM 304 PSF
1,400 sqft
2-Sty Shop
RM 350,000
Jalan Atas
1,378 sqft · RM 254 PSF
1,450 sqft
2-Sty Shop
RM 450,000
Jalan Atas
1,453 sqft · RM 310 PSF
1,650 sqft
2-Sty Shop
RM 412,000
Jalan Atas
1,647 sqft · RM 250 PSF
1,800 sqft
Semi-D
RM 230,000
Jalan Tonghai
1,776 sqft · RM 130 PSF
2,350 sqft
2-Sty Shop
RM 230,000
Jalan Atas
2,368 sqft · RM 97 PSF
RM 230,000
Jalan Atas
2,368 sqft · RM 97 PSF
2,450 sqft
2-Sty Shop
RM 350,000
Jalan Atas
2,433 sqft · RM 144 PSF
2,600 sqft
Bungalow
RM 335,000
Jalan Sungai Daun
2,594 sqft · RM 129 PSF
2,850 sqft
3-Sty Shop
RM 665,000
Jalan Nuri
2,863 sqft · RM 232 PSF
RM 500,000
Jalan Besar
3,391 sqft · RM 147 PSF
RM 325,000
Jalan Atas
3,380 sqft · RM 96 PSF
3,800 sqft
3-Sty Shop
RM 892,000
Jalan Atas
3,800 sqft · RM 235 PSF
RM 908,000
Jalan Atas
3,800 sqft · RM 239 PSF
3,950 sqft
Bungalow
RM 150,000
Jalan Sungai Daun
3,961 sqft · RM 38 PSF
8,700 sqft
1-Sty Shop
RM 852,000
Jalan Baru
8,676 sqft · RM 98 PSF
RM 852,000
Jalan Baru
8,676 sqft · RM 98 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 117,500

RM 105 psf

Median transaction price

RM 411,000

RM 257 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 RM 350K and a median price per square foot (PSF) of RM 232.

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 RM 350K, with most transactions falling within a stable range of RM 230K to RM 470K, and a typical market range of RM 215K to RM 485K.

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

Price per square foot shows a median of RM 232, though individual units vary from RM 164 to RM 300 in the core range. The broader market spans RM 149.26 to RM 315.26, indicating diverse property characteristics. A wider spread (IQR: RM 166.00) and deviation (MAD: RM 68) 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.