R/PANGSA KOS RENDAH SG. NIBONG Property Investment Analysis

R/PANGSA KOS RENDAH SG. NIBONG in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 180K and a median price per square foot (PSF) of RM 305.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM 145K to RM 215K, and a typical market range of RM 153K to RM 208K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 305, with core pricing between RM 245 and RM 365. Market pricing typically extends from RM 257.25 to RM 351.75, reflecting moderate variation in unit pricing. The spread of RM 94.50 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.