Taman Sungai Nibong

Sungai Nibong, Bayan Lepas, Penang, Malaysia

Property Transactions

3 subsales found

Median
RM1,525,000
PSF
RM560
Price Size
Period
transactions middle 50% (P25–P75)
RM1,750,000
Jalan Pantai Aziz Ibrahim
2,723 sqft RM643 PSF
RM1,480,000
Jalan Pantai Aziz Ibrahim
2,723 sqft RM543 PSF
RM1,525,000
Jalan Pantai Aziz Ibrahim
2,723 sqft RM560 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Sungai Nibong? Homes here sold for a median of RM1,525,000.

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Sungai Nibong, Bayan Lepas, Penang, Malaysia

Maps

Taman Sungai Nibong in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 2,675 and 2,724 sqft, with a median price of RM1.53 million and a median price per square foot (PSF) of RM560.

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 RM1.53 million, with most transactions falling within a stable range of RM1.48 million to RM1.64 million, and a typical market range of RM1.48 million to RM1.64 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM560, with most transactions between RM517 and RM603. The usual range is RM518.49 to RM601.49, showing that most units are priced quite close to each other. With an IQR of RM83.00 and MAD of RM43, 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.