Bandar Nibong Tebal

Bandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2021, with a median price of RM 350K and a median price per square foot (PSF) of RM 185.

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 230K to RM 470K, and a typical market range of RM 215K to RM 485K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 185, though individual units vary from RM 117 to RM 253 in the core range. The broader market spans RM 102.00 to RM 268.00, indicating diverse property characteristics. A wider spread (IQR: RM 166.00) and deviation (MAD: RM 68) 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.