LIST

Penang, Seberang Perai Selatan, Nibong Tebal

BANDAR NIBONG TEBAL

Area Intelligence
2022
Median Price
RM 676,000
PSF: RM 127
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Residential PSF Trends

Median Price

RM 117,500

PSF: RM 105

Commercial PSF Trends

Median Price

RM 676,000

RM 127 PSF

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 676K and a median price per square foot (PSF) of RM 127.

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 500K to RM 852K, 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.

For price per square foot, the median is RM 127, with most transactions between RM 117 and RM 137. The usual range is RM 44.00 to RM 210.00, showing that most units are priced quite close to each other. With an IQR of RM 166.00 and MAD of RM 10, 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. Some price volatility exists, making thorough market research essential before transacting. 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

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
3,650 sqft
Single Storey Shop
RM 500,000
JALAN BESAR
3,659 sqft · RM 137 PSF
7,300 sqft
Single Storey Shop
RM 852,000
JALAN BARU
7,288 sqft · RM 117 PSF

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

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