BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 852K and a median price per square foot (PSF) of RM 117.
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 852K, with most transactions falling within a stable range of RM 732K to RM 972K, and a typical market range of RM 717K to RM 987K.
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 117, though individual units vary from RM 49 to RM 185 in the core range. The broader market spans RM 34.00 to RM 200.00, 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.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
