BANDAR NIBONG TEBAL

Area Intelligence
Median Price
RM 852,000
PSF: RM 117

Residential PSF Trends

Median Price

RM 117,500

PSF: RM 105

Commercial PSF Trends

Median Price

RM 852,000

RM 117 PSF

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.

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 117, with most transactions between RM 117 and RM 117. The usual range is RM 34.00 to RM 200.00, 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.

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.

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BANDAR NIBONG TEBAL, Seberang Perai Selatan, Penang

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Transactions

2 transactions grouped by size

7,300 sqft
Single Storey Shop
RM 852,000
JALAN BARU
7,288 sqft · RM 117 PSF
RM 852,000
JALAN BARU
7,288 sqft · RM 117 PSF

No Properties For Sale

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

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