Kota Nibong
Malaysia, Penang, Bayan Lepas, Lebuh Nipah 1, 15G2, 11900
Malaysia, Penang, Bayan Lepas, Lebuh Nipah 1, 15G2, 11900
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 280,000
|
RM 400
|
700 sqft
|
|
|
|
Level 6
|
RM 310,000
|
RM 443
|
700 sqft
|
|
|
|
Level 5
|
RM 265,000
|
RM 379
|
700 sqft
|
|
|
|
Level 7
|
RM 300,000
|
RM 429
|
700 sqft
|
|
|
|
Level 4
|
RM 276,000
|
RM 394
|
700 sqft
|
|
|
Level 2
|
RM 340,000
|
RM 262
|
1,300 sqft
|
|
|
|
Level 2
|
RM 325,000
|
RM 250
|
1,300 sqft
|
|
|
|
Level 3
|
RM 330,000
|
RM 254
|
1,300 sqft
|
|
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Malaysia, Penang, Bayan Lepas, Lebuh Nipah 1, 15G2, 11900
MapsKota Nibong in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2026, with a median price of RM 305K 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 305K, with most transactions falling within a stable range of RM 280K to RM 330K, and a typical market range of RM 281K to RM 329K.
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 320.86 to RM 468.11, 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.