BANDAR NIBONG TEBAL

Area Intelligence
Median Price
RM 350,000
PSF: RM 267

Residential PSF Trends

Median Price

RM 157,000

PSF: RM 106

Commercial PSF Trends

Median Price

RM 360,000

RM 278 PSF

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 267.

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 287K to RM 230K, and a typical market range of RM 215K to RM 230K.

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 267, with most transactions between RM 246 and RM 288. The usual range is RM 184.00 to RM 350.00, showing that most units are priced quite close to each other. With an IQR of RM 166.00 and MAD of RM 21, 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.

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BANDAR NIBONG TEBAL, Seberang Perai Selatan, Penang

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Transactions

4 transactions grouped by size

1,050 sqft
Bungalow
RM 84,000
KAMPUNG PINANG
1,041 sqft · RM 81 PSF
1,800 sqft
RM 230,000
JALAN ATAS
1,789 sqft · RM 129 PSF
RM 230,000
JALAN ATAS
1,789 sqft · RM 129 PSF
RM 230,000
JALAN TONGHAI
1,776 sqft · RM 130 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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