Bandar Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Atas
|
RM 350,000
|
RM 254
|
1,378 sqft
|
|
|
Jalan Atas
|
RM 450,000
|
RM 310
|
1,453 sqft
|
|
|
Jalan Atas
|
RM 412,000
|
RM 250
|
1,647 sqft
|
|
|
Jalan Atas
|
RM 230,000
|
RM 97
|
2,368 sqft
|
|
|
|
Jalan Atas
|
RM 230,000
|
RM 97
|
2,368 sqft
|
|
|
Jalan Atas
|
RM 350,000
|
RM 144
|
2,433 sqft
|
|
|
Jalan Atas
|
RM 325,000
|
RM 96
|
3,380 sqft
|
|
Other Areas in Nibong Tebal
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Market Snapshot
RM 117,500
RM 105 psfMedian transaction price
RM 350,000
RM 144 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsBandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 7 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 144.
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 350K, with most transactions falling within a stable range of RM 273K to RM 427K, and a typical market range of RM 230K to RM 450K.
Within the Double 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 144, though individual units vary from RM 60 to RM 228 in the core range. The broader market spans RM 60.88 to RM 226.88, indicating diverse property characteristics. A wider spread (IQR: RM 166.00) and deviation (MAD: RM 84) 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.