Bandar Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tonghai
|
RM 230,000
|
RM 130
|
1,776 sqft
|
|
Other Areas in Nibong Tebal
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Market Snapshot
RM 230,000
RM 130 psfMedian transaction price
RM 411,000
RM 257 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsBandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 1 Single Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 230K and a median price per square foot (PSF) of RM 130.
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.
Within the Single Storey Semi-D category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 130, with most transactions between RM 130 and RM 130. The usual range is RM 46.50 to RM 212.50, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.