BANDAR NIBONG TEBAL

Area Intelligence
2022
Median Price
RM 500,000
PSF: RM 137

Residential PSF Trends

Median Price

RM 117,500

PSF: RM 105

Commercial PSF Trends

Median Price

RM 500,000

RM 137 PSF

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 137.

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 137, with most transactions between RM 137 and RM 137. The usual range is RM 54.00 to RM 220.00, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

BANDAR NIBONG TEBAL, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

1 transactions grouped by size

3,650 sqft
Single Storey Shop
RM 500,000
JALAN BESAR
3,659 sqft · RM 137 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access