Bandar Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Nuri
|
RM 665,000
|
RM 232
|
2,863 sqft
|
|
|
Jalan Atas
|
RM 892,000
|
RM 235
|
3,800 sqft
|
|
|
|
Jalan Atas
|
RM 908,000
|
RM 239
|
3,800 sqft
|
|
Other Areas in Nibong Tebal
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Market Snapshot
RM 117,500
RM 105 psfMedian transaction price
RM 892,000
RM 235 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsBandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 3 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 892K and a median price per square foot (PSF) of RM 235.
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 892K, with most transactions falling within a stable range of RM 781K to RM 908K, and a typical market range of RM 757K to RM 908K.
Within the 3-Storey Shop 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 235, with most transactions between RM 232 and RM 238. The usual range is RM 151.76 to RM 317.76, showing that most units are priced quite close to each other. With an IQR of RM 166.00 and MAD of RM 3, 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.