LIST

Penang, Seberang Perai Selatan, Nibong Tebal

BANDAR NIBONG TEBAL

Area Intelligence
2023
Median Price
RM 360,000
PSF: RM 155
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Residential PSF Trends

Median Price

RM 150,000

PSF: RM 130

Commercial PSF Trends

Median Price

RM 538,500

RM 271 PSF

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 155.

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 360K, with most transactions falling within a stable range of RM 360K to RM 386K, and a typical market range of RM 360K to RM 412K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 155, with core pricing between RM 131 and RM 180. Market pricing typically extends from RM 72.00 to RM 238.00, reflecting moderate variation in unit pricing. The spread of RM 166.00 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

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

OSM

Track location

Transactions

2 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,200 sqft
Single Storey Shop
RM 360,000
JALAN BESAR
1,221 sqft · RM 295 PSF
1,700 sqft
Double Storey Shop
RM 412,000
JALAN ATAS
1,677 sqft · RM 246 PSF

No Properties For Sale

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

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