R/Pangsa Kos Rendah Sungai. Nibong
Sungai Nibong, Bayan Lepas, Penang, Malaysia
Sungai Nibong, Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 180,000
|
RM 310
|
581 sqft
|
|
|
|
Level 1
|
RM 230,000
|
RM 396
|
581 sqft
|
|
|
|
Level 1
|
RM 220,000
|
RM 378
|
581 sqft
|
|
|
|
Level 5
|
RM 180,000
|
RM 299
|
603 sqft
|
|
|
|
Level 3
|
RM 210,000
|
RM 361
|
581 sqft
|
|
|
|
Level 3
|
RM 160,000
|
RM 275
|
581 sqft
|
|
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Market Snapshot
ResidentialRM 180,000
RM 310 psfMedian transaction price
Sungai Nibong, Bayan Lepas, Penang, Malaysia
MapsR/Pangsa Kos Rendah Sungai. Nibong in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2026, with a median price of RM 180K and a median price per square foot (PSF) of RM 310.
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 150K to RM 210K, and a typical market range of RM 155K to RM 205K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 310, with core pricing between RM 259 and RM 361. Market pricing typically extends from RM 266.68 to RM 352.68, reflecting moderate variation in unit pricing. The spread of RM 86.00 (IQR) and deviation of RM 51 (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.