BANDAR NIBONG TEBAL

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 6 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 455K and a median price per square foot (PSF) of RM 208.

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 455K, with most transactions falling within a stable range of RM 340K to RM 673K, and a typical market range of RM 340K to RM 590K.

Within the Single Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 208, though individual units vary from RM 116 to RM 299 in the core range. The broader market spans RM 124.50 to RM 290.50, indicating diverse property characteristics. A wider spread (IQR: RM 166.00) and deviation (MAD: RM 92) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.