BANDAR NIBONG TEBAL

Area Intelligence
Low-Cost Flat
Median Price
RM 85,000
PSF: RM 155

Residential PSF Trends

Median Price

RM 85,000

PSF: RM 155

Commercial PSF Trends

Median Price

RM 411,000

RM 257 PSF

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 1 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 85K and a median price per square foot (PSF) of RM 155.

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 Low-Cost Flat 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 155, with most transactions between RM 155 and RM 155. The usual range is RM 72.00 to RM 238.00, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR NIBONG TEBAL, Seberang Perai Selatan, Penang

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