Penang
Timur Laut
13
KOTA NIBONG

KOTA NIBONG

Area Intelligence

2022

Median Price

RM 325,000

PSF: RM 254

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 429

Commercial PSF Trends

Median Price

RM 327,500

RM 252 PSF

KOTA NIBONG in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 325K and a median price per square foot (PSF) of RM 254.

This area contains both residential and commercial properties. View 5 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 312K to RM 330K, and a typical market range of RM 301K to RM 330K.

Most transactions involved flats, though some variety exists in the market.

Price per square foot shows a median of RM 254, though individual units vary from RM 171 to RM 337 in the core range. The broader market spans RM 180.38 to RM 327.63, indicating diverse property characteristics. A wider spread (IQR: RM 147.25) and deviation (MAD: RM 83) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

KOTA NIBONG, Timur Laut, Penang

OSM

Track location

Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 300,000

Level 7

700 sqft • RM 429.00 PSF

Nov 2022

RM 325,000

Level 2

1,300 sqft • RM 250.00 PSF

Jul 2022

RM 330,000

Level 3

1,300 sqft • RM 254.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
Level 7	RM 300,000	RM 429.00	700 sqft	Nov 2022	Flat
Level 2	RM 325,000	RM 250.00	1,300 sqft	Jul 2022	Office Lot
Level 3	RM 330,000	RM 254.00	1,300 sqft	Mar 2022	Office Lot