Bandar Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Kampung Pinang
|
RM 84,000
|
RM 81
|
1,041 sqft
|
|
|
Jalan Besar
|
RM 410,000
|
RM 366
|
1,119 sqft
|
|
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Market Snapshot
RM 84,000
RM 81 psfMedian transaction price
RM 410,000
RM 366 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsBandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2025, with a median price of RM 247K and a median price per square foot (PSF) of RM 223.
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 247K, with most transactions falling within a stable range of RM 84K to RM 410K, and a typical market range of RM 112K to RM 382K.
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 223, though individual units vary from RM 81 to RM 366 in the core range. The broader market spans RM 140.47 to RM 306.47, indicating diverse property characteristics. A wider spread (IQR: RM 166.00) and deviation (MAD: RM 143) 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.