Bandar Nibong Tebal

Nibong Tebal, Penang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 230,000
PSF
RM 97
Price Size
Period
transactions middle 50% (P25–P75)
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
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
2,600 sqft
Bungalow
RM 335,000
Jalan Sungai Daun
2,594 sqft · RM 129 PSF
Legend Recent Highest Price Highest PSF

Posts about Bandar Nibong Tebal

What’s happening in Bandar Nibong Tebal?

No posts about Bandar Nibong Tebal yet. Be the first to share what’s happening here.

Market Snapshot

RM 209,500

RM 105 psf

Median transaction price

RM 230,000

RM 97 psf

Median transaction price

Loading map...

Nibong Tebal, Penang, Malaysia

Maps

Bandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 230K and a median price per square foot (PSF) of RM 97.

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 120K to RM 340K, 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 97, though individual units vary from RM 0 to RM 204 in the core range. The broader market spans RM 14.13 to RM 180.13, indicating diverse property characteristics. A wider spread (IQR: RM 166.00) and deviation (MAD: RM 107) 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.