KOTA NIBONG in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 276K and a median price per square foot (PSF) of RM 394.
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 276K, with most transactions falling within a stable range of RM 251K to RM 301K, and a typical market range of RM 252K to RM 300K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 394, with core pricing between RM 345 and RM 444. Market pricing typically extends from RM 320.38 to RM 467.63, reflecting moderate variation in unit pricing. With an IQR of RM 147.25 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.
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.
