Nibong Indah
Lorong Aziz Ibrahim, Kampung Sungai Nibong, 11900 Gelugor, Pulau Pinang, Malaysia
Lorong Aziz Ibrahim, Kampung Sungai Nibong, 11900 Gelugor, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 14
|
RM310,000
|
RM443
|
700 sqft
|
|
|
|
Level 6
|
RM290,000
|
RM415
|
699 sqft
|
|
|
|
Level 5
|
RM260,000
|
RM372
|
700 sqft
|
|
|
|
Level 12
|
RM290,000
|
RM414
|
700 sqft
|
|
Selling in Nibong Indah? Homes here sold for a median of RM290,000.
Free to list, about two minutes, and the buyers reading this page will see it.
Posts about Nibong Indah
No posts about Nibong Indah yet. Be the first to share what’s happening here.
Nearby areas in 12
Bayan Baru
Ideal Vision Park @ Tree Sparina
Mutiara Perdana
Taman Sri Nibong
I-Park
Setia Pulau Mutiara
Arasia Perdana (The Clovers)
Mahsuri Square
Bayan City / Elite Height
Desa Bayan
Taman Tunas Damai
Queens Residences Q1 @ Queens Waterfront
Nibong Indah
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
Market Snapshot
ResidentialRM290,000
RM415 psfMedian transaction price
Lorong Aziz Ibrahim, Kampung Sungai Nibong, 11900 Gelugor, Pulau Pinang, Malaysia
MapsNibong Indah in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM290K and a median price per square foot (PSF) of RM415.
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 RM290K, with most transactions falling within a stable range of RM269K to RM310K, and a typical market range of RM276K to RM304K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM415, with most transactions between RM392 and RM438. The usual range is RM397.26 to RM433.01, showing that most units are priced quite close to each other. A typical spread (IQR) of RM35.75 and an average deviation (MAD) of RM23 indicate a highly stable PSF trend across properties.
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.