Bandar Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
| Price | PSF | Size | Date | Type |
|---|
|
RM 230,000
|
RM 97
|
2,368 sqft
|
|
2-Sty Shop |
|
RM 230,000
|
RM 97
|
2,368 sqft
|
|
2-Sty Shop |
|
RM 412,000
|
RM 250
|
1,647 sqft
|
|
2-Sty Shop |
|
RM 350,000
|
RM 144
|
2,433 sqft
|
|
2-Sty Shop |
|
RM 892,000
|
RM 235
|
3,800 sqft
|
|
3-Sty Shop |
|
RM 908,000
|
RM 239
|
3,800 sqft
|
|
3-Sty Shop |
|
RM 410,000
|
RM 366
|
1,119 sqft
|
|
|
|
RM 360,000
|
RM 322
|
1,119 sqft
|
|
|
|
RM 340,000
|
RM 304
|
1,119 sqft
|
|
|
|
RM 500,000
|
RM 147
|
3,391 sqft
|
|
|
RM 335,000
|
RM 129
|
2,594 sqft
|
|
|
|
RM 150,000
|
RM 38
|
3,961 sqft
|
|
|
RM 852,000
|
RM 98
|
8,676 sqft
|
|
|
|
RM 852,000
|
RM 98
|
8,676 sqft
|
|
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Market Snapshot
RM 117,500
RM 105 psfMedian transaction price
RM 411,000
RM 257 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsBandar 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.