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
|
|
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Market Snapshot
ResidentialRM 210,000
RM 361 psfMedian transaction price
Sungai Nibong, Bayan Lepas, Penang, Malaysia
MapsR/Pangsa Kos Rendah Sungai. Nibong in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 210K and a median price per square foot (PSF) of RM 361.
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 210K, with most transactions falling within a stable range of RM 189K to RM 230K, and a typical market range of RM 185K to RM 230K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 361, with core pricing between RM 323 and RM 399. Market pricing typically extends from RM 318.29 to RM 404.29, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 38, 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.