BANDAR NIBONG TEBAL

Area Intelligence
2024
Median Price
RM 230,000
PSF: RM 129

Residential PSF Trends

Median Price

RM 335,000

PSF: RM 129

Commercial PSF Trends

Median Price

RM 230,000

RM 129 PSF

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 230K and a median price per square foot (PSF) of RM 129.

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 129, with most transactions between RM 129 and RM 129. The usual range is RM 46.00 to RM 212.00, 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.

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BANDAR NIBONG TEBAL, Seberang Perai Selatan, Penang

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Transactions

1 transactions grouped by size

2,600 sqft
Bungalow
RM 335,000
JALAN SUNGAI DAUN
2,594 sqft · RM 129 PSF

No Properties For Sale

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

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