Bandar Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Atas
|
RM 230,000
|
RM 97
|
2,368 sqft
|
|
|
|
Jalan Atas
|
RM 230,000
|
RM 97
|
2,368 sqft
|
|
|
Jalan Sungai Daun
|
RM 335,000
|
RM 129
|
2,594 sqft
|
|
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Market Snapshot
RM 335,000
RM 129 psfMedian transaction price
RM 230,000
RM 97 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsBandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 230K and a median price per square foot (PSF) of RM 97.
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 230K, with most transactions falling within a stable range of RM 230K to RM 279K, and a typical market range of RM 230K to RM 335K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 97, with core pricing between RM 82 and RM 112. Market pricing typically extends from RM 14.13 to RM 180.13, reflecting moderate variation in unit pricing. The spread of RM 166.00 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.
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.