R/Pangsa Kos Rendah Sungai. Nibong
Sungai Nibong, Bayan Lepas, Penang, Malaysia
Sungai Nibong, Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
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Market Snapshot
ResidentialRM 170,000
RM 292 psfMedian transaction price
Sungai Nibong, Bayan Lepas, Penang, Malaysia
MapsR/Pangsa Kos Rendah Sungai. Nibong in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 170K and a median price per square foot (PSF) of RM 292.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 292, with most transactions between RM 292 and RM 292. The usual range is RM 249.47 to RM 335.47, showing that most units are priced quite close to each other. With an IQR of RM 86.00 and MAD of RM 0, 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.