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
|
|
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Market Snapshot
RM 84,000
RM 81 psfMedian transaction price
RM 411,000
RM 257 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsBandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 1 subsale transactions between 2021 and 2026, with a median price of RM 84K and a median price per square foot (PSF) of RM 81.
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.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 81, with most transactions between RM 81 and RM 81. The usual range is RM 0.00 to RM 163.69, showing that most units are priced quite close to each other. With an IQR of RM 166.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.