BANDAR NIBONG TEBAL

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 676K 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 676K, with most transactions falling within a stable range of RM 556K to RM 796K, and a typical market range of RM 541K to RM 811K.

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.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.