Bandar Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Kampung Pinang
|
RM 84,000
|
RM 81
|
1,041 sqft
|
|
|
Jalan Besar
|
RM 410,000
|
RM 366
|
1,119 sqft
|
|
|
|
Jalan Besar
|
RM 360,000
|
RM 322
|
1,119 sqft
|
|
|
Jalan Atas
|
RM 412,000
|
RM 250
|
1,647 sqft
|
|
|
Jalan Tonghai
|
RM 230,000
|
RM 130
|
1,776 sqft
|
|
|
Jalan Atas
|
RM 230,000
|
RM 97
|
2,368 sqft
|
|
|
|
Jalan Atas
|
RM 230,000
|
RM 97
|
2,368 sqft
|
|
|
Jalan Sungai Daun
|
RM 335,000
|
RM 129
|
2,594 sqft
|
|
|
Jalan Sungai Daun
|
RM 150,000
|
RM 38
|
3,961 sqft
|
|
|
Jalan Baru
|
RM 852,000
|
RM 98
|
8,676 sqft
|
|
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Market Snapshot
RM 150,000
RM 129 psfMedian transaction price
RM 385,000
RM 174 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsBandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 11 subsale transactions between 2021 and 2026, with a median price of RM 230K and a median price per square foot (PSF) of RM 129.
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 230K, with most transactions falling within a stable range of RM 84K to RM 435K, and a typical market range of RM 95K to RM 365K.
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 129, though individual units vary from RM 28 to RM 230 in the core range. The broader market spans RM 46.14 to RM 212.14, indicating diverse property characteristics. A wider spread (IQR: RM 166.00) and deviation (MAD: RM 101) 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. Limited transaction history suggests carefully evaluating comparable sales data.